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"Always invest what you cant afford to lose" is a very common investing advice given to beginners. You don't need and an Economics PhD to understand this concep
by ojr 9y ago
"Always invest what you cant afford to lose" is a very common investing advice given to beginners. You don't need and an Economics PhD to understand this concept
- TallGuyShort 9y agoReally? Because that sounds like stupid, stupid advice and searching for that advice[1] yields results for the opposite. [1] https://duckduckgo.com/?q=always+invest+what+you+can%27t+afford+to+lose&t=ffab&ia=products https://duckduckgo.com/?q=always+invest+what+you+can%27t+aff...
- vitaminbandit 9y ago>"Always invest what you cant afford to lose" Is this a typo?
- volkk 9y agoI don't think so. Investing (i.e long term investing where you believe in a company) is usually a legitimately safe strategy, whereas speculation is more or less gambling.
- tekromancr 9y agoWonderful advice, right up there with "Buy High, Sell Low"
- deleted 9y ago[deleted]