Determine the Amount of Money You Can Invest

Novice investors have the impression that the more money they invest, the more they would earn. This would incite some to invest all their savings, and in some ways they could prove to be right. Such acts, however, could also become their undoing. With luck, a novice investor may end up with double their investment, or they could end up broke. To determine how much to invest, you must first determine how much you can afford to lose. It should also be in tune with your financial goals and risk tolerance. Your living expenses should also be put into consideration, … Continue reading Determine the Amount of Money You Can Invest