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Is It A Bad Idea To Invest Your Life Savings Into The Stock Market?
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[QUOTE="blessingc, post: 235833, member: 73446"] It is a very bad idea to invest your life savings in one stock market. It is a huge risk you can lose all your life savings and go bankrupt. Its like putting all your eggs in a basket. It is not a bad thing to invest, it rather is beneficial, most especially when you invest it rightly in the right platform and at the right time. Understanding the basics of investment is important because you could fall into a wrong way of investing. Risk comes from ignorance. Investing your money can be an effective way to help you build long-term wealth. Being in-the-know about what’s happening in the market, may also help to reduce your risk and set you up for success. If you're investing in shares, it's also important to look beyond the stock price and consider the company you're buying into. Seek help from a professional to know when, how much, and where to invest. [/QUOTE]
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Is It A Bad Idea To Invest Your Life Savings Into The Stock Market?
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