What are your thoughts on investing more than you can lose? I feel like the idea is very vague. I’m currently in high school, I make about $150 every week and invest $80 of that. My friend mentioned that I am investing more than I can afford to lose, but can anyone really afford to lose anything?
Do you invest anything after what it costs to put food on the table and pay bills or is it the maximum amount you can lose without having to change your preferred lifestyle at all?
And if you only invest that which you can comfortably lose is it even worth investing at all? Limiting yourself to that leaves you with such a small percentage of your income that you might as well just throw it in savings. No one invests thinking they’ll lose money, and if you allocate a large amount of your capital in super safe investments there’s a negligible chance of losing money.
In my uneducated opinion I feel like the most important thing is what you invest in and not getting caught up in ridiculous what ifs, but I don’t know what I’m talking about so I’m looking for opinions.
Submitted March 04, 2019 at 01:08AM by banditfrog760 https://ift.tt/2HcMBlA
