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What would you need to quit your job and become a professional investor?
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[QUOTE="Alexandoy, post: 199837, member: 25510"] In my book, a professional investor, whether in stocks, forex or real estate, should have a huge capital. You have to remember that you need a livelihood that will cover your daily expenses not only for yourself but also for your home. If your capital is small then you are bound to lose in the long run. A professional investor with millions in his pocket can go a long way. Maybe 20% of his capital can be set aside for the 1 year expenses of his home budget. The 60% can all be invested and the remaining 20% of the wealth will be for emergency purposes. Investing in real estate takes a long time to earn a good profit aside from the difficulty of selling when you need cash. Investing in stocks is much better because you can convert the stocks to cash by selling it and receive the money within the week. I am afraid that becoming a professional investor is only for the wealthy people who can live without a job. But if your job is your bread and butter then banish the thought about becoming a professional investor. [/QUOTE]
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