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Is It A Bad Idea To Invest Your Life Savings Into The Stock Market?
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[QUOTE="Alexandoy, post: 211375, member: 25510"] I am actually planning to put into stocks about half of my lifetime savings. My first choice is actually real estate but to think of the hassle when buying a property, there are so many concerns to be attended to before the title can be transferred to the buyer. When I need the money and I would sell the property then there is the hassle again of transferring the titled. But the top issue with real estate is the time it takes for the property to be sold. Even if the property is in a choice location there is no assurance that a buyer will appear at once. With stocks, one call to the broker and I can buy stocks at once. When I need cash and I want to sell then I would just call the broker and state my intention on how many shares of stocks that I would sell. The transaction takes 1 to 3 days as per the experience of a friend who is into stocks. However, I am still studying the stocks very well. [/QUOTE]
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Is It A Bad Idea To Invest Your Life Savings Into The Stock Market?
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