Thursday, 30 March 2017

Learn to lose as well when investing in stocks



Stock market in an unpredictable place! Anything can happen here and when it comes to money, people tend to be more cautious. If you have never invested in stocks and want to give it a try then make sure that you do ample research on your end or you will end up losing a pretty big amount of money.

Tips to earn money with investing

Stock trading requires a lot of planning. You need to have extra money to invest in any kind of share. This is basic knowledge. However, one thing most people who gamble away their money don’t know is that you have to keep some money aside which you will be ready to lose.

Start by investing small sums and take help of a professional who knows how stock market works. Now, once you have enough money on you, you should start with take a percentage out of your savings and keep it for investing in the market as you like it. 

This money should be of no use to you and make sure that you can afford to lose it. This is one of the stock tips which no book will give you. The value of this money should be around 2% to 5%. Now, if you are a millionaire then the 2% of your stock will also be a very big sum.

This move is required to teach you the importance of investing and at the very basic level you need to learn that you can and will lose money. You should be prepared for it as well. 

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