How To Invest As Millennial Part 1
When to cash in
Base on when you’re going to retire will affect how you invest because if retire is an long ways off for you than you can be more risky with investing because you have more chances to make back your money but, if you’re closer to retiring than you can’t take a lot of risky with your money. for example I wanted to cash out in the next 5 years to buy some real estate.
How much can you lose %
Because the stock market is really risky there is saying in the investment world that 90% of people lose, 90% of their money invested in the stock market, within the first 90 days of investing. The stock market go up & down really fast for example let us take one of the largest stock company by market cap Apple also called in the us stock market AAPL the past 52 Week Apple stock was at it’s lowest $89.47 per share & it’s highest $118.69 per share that a difference of $29.22 per share.
Always have rules
No one can see the future so have a protocol on when to buy more stocks & have rules on when to sell stocks because if you hold on to a stock hoping it will go back up alot of them will never go up but go down more to the point of bankruptcy for example research is the company called Enron .
Keep it simple
Yes keep your rules but don’t have too many rules that it takes you too long choose to buy or sell your stocks because the stock market moves by the second so make your rules so you can go thru them all within minutes.
I AM IN NO WAY A MARKET PROFESSIONAL; USE YOUR OWN JUDGEMENT WHEN PURCHASING STOCKS AND OTHERWISE. I AM NOT RESPONSIBLE FOR AND GAINS OR LOSSES THAT YOU MAY EXPERIENCE.
THE MARKET IS INHERENTLY RISKY, AND YOU SHOULD ONLY INVEST WHAT YOU ARE COMPLETELY WILLING TO LOSE.