Before you consider even thinking about investment you must start to think about your savings, and by to think I mean or to start to save some money or to see exactly how much money do you really have!
For example if you have saved about 10 000$ , in my opinion you can risk to make some money with another 10 000$. So this will be clear for everybody you must have 20 000$ of money, 10 000$ for savings in case something bad happens, and 10 000 into stocks because this is a good time to invest. Take in mine that if you wish to invest in stocks you must talk to a broker, I know they charge more money and sometimes you see as unfair to pay them as much as you do but at least for the start you must use a broker.
Take in mind that all investments have over 4 years period of time until you get that sum back, so you must not make any dreams about those money, if you want to get a car, get some now things in the house or other things like that I need you to be sure that this won’t happen from the money you invested.
Stocks as well as any market has fluctuations that can cause real problems and even with fluctuation you can still have the best price and nobody will be there to buy, because nobody can guarantee you that you will have enough liquidity when you wish to sell.
To answer the question in the title, the maximum sum you can invest is the double of the sum you wish to have into savings account just in case something happens. I like to have invested 50%, for example if I have 10 000$ I only invest 5 000$ , so I will have 10k if something happens and when the market rises maybe I can double my sum.
Remember this: safe = bank account , risk =stocks or any other investments! bank account = 3-10% / year interests that go into your pocket , stocks or any other investment = 0-1000% / year interests for you!
Do no take loans to invest into stocks, at least not at the start because you will surely get a bad credit score and you will get stuck on payday loans for the rest of your life!
Tags: bad credit loans, investment, loans, money, payday loans, payday loans for bad credit, savings, stocks
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