Avoid Unnecessary Risks
Don’t Take Risks That Can Affect Your Financial Future
The perspective of having your money compounding in the market is very tempting. In fact, the threat of losing money in a market crash may be the biggest fear of an aspiring investor.
Indeed, it’s not unusual for markets to drop sharply and stay down for some time. And indeed, investors may take painful losses when this happens. Stock market is not a place to make risky bets. So never invest so much of your money that a significant decline in the market would devastate your financial future.