It's advisable to invest only what you can afford. This avoids you to apply for a bank loan just to meet your standard dream to invest big. Speculate possible risks once apply for a bank loan like failure to pay consistently. It's advisable to invest only an investment you can relate and afford like investing on dividends.
Invest only what you can afford
- Thread starter Starmix
- Start date
This rule applies for stocks, shares, crypto and betting. Especially for last two. If you get something back, great. If you don't and lose money, just forget about it. Don't invest money in which you don't have in something where you don't have any guarantee getting back.
Where there are returns, of course there are risks, and there is no type of investment that guarantees your money will get 100% back. If you invest in shares if the issuer goes bankrupt, it is very likely that your investment will not be returned, because the curator will prioritize paying off debts.
- Thread starter
- #10
The message tells us not to apply for a bank Ioan just to satisfy your plan to start with a big business only to regret at the end of some months when the business doesn't yield good profit and the business owner can't even pay the loan interest. Let's be smart in doing business.
This is something very intelligent, which put all concept of investment in nutshell, because new investee when start investing with their total amount and face great loss, then he started hating from investment for rest of his life.
In Croatia people lost entire savings and pension investing in company who trade on crypto market. Owner is now in run but it is hard to prosecute him since his company didn't even have licence for trading on crypto market.
- Thread starter
- #13
That was a very bad experience for those lossers. That's the problem for an investment that wants to cheat people. After they gathered huge money they will become invisible. It's good to invest only what we can afford.
That is a very big loss for them so I think that if you want to invest you should ask the people who has more knowledge about the business sorry for the loss
I agree all investments have some risky things and our money is something we work hard fore and we all don't want to lose it because we can't get that money easily so when we invest that money limiting the amount of the money we invest, and making sure that the money we lose while investing will not make us on a big financial crises.
