A great man told  to the world :to be greedy when others are afraid and to be afraid while others are greedy!

In translation buy stocks when in recession and sell them when the economy rises again and everybody start to reinvest into stocks.

I always known that stocks are a risky thing and considering the fact that I am a cheap person I do not like to take any risks, but now I got some extra money beside my savings and I thought about buying a car, than I thought it a little more and got the idea with the stocks, and I will give it a try.

For those of you that are new here I want to tell you that you must be certain that you do not take those money from other investments, there is a risk that your money might be gone, any bad investment can cause even a 99%.

What do you need before you invest? You need to make some notes to see if you do not need those money for nothing else and you can let those money there even for 5 years. Because a recession comes every five years and if you are caught into the middle you can not sell while you are low and so on.

Please take to mind that stocks as loans are a powerful tool and you want to use it safe because it can cause big finance damage, some people even end up on the street if they do not make their notes good.

Think before you act!

Tags: investments, money, stocks

Both comments and pings are currently closed.