Jupiter147
New member
Investing is a terrific method to grow your money over time, but it's important to remember that not everyone who invests makes money.
In fact, the vast majority of people lose money as a result of relying on the advice and opinions of others.
They heard/read somewhere that XYZ is a solid investment and decided to put their money into it. Then they hold their breath and hope that it will work.
Please keep in mind that successful investing (as well as trading) is an art; finding solid investments takes a lot of research and experience. So, before you put any money into anything, you should always:
1. Have solid reasons to back up your claim (A tip from someone is not a good enough reason)
2. Put a stop loss in place in case something goes wrong.
3. You should not jeopardise your money if you are not sure in your selections. Either do some research on the subject or don't invest at all.
In fact, the vast majority of people lose money as a result of relying on the advice and opinions of others.
They heard/read somewhere that XYZ is a solid investment and decided to put their money into it. Then they hold their breath and hope that it will work.
Please keep in mind that successful investing (as well as trading) is an art; finding solid investments takes a lot of research and experience. So, before you put any money into anything, you should always:
1. Have solid reasons to back up your claim (A tip from someone is not a good enough reason)
2. Put a stop loss in place in case something goes wrong.
3. You should not jeopardise your money if you are not sure in your selections. Either do some research on the subject or don't invest at all.