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Is It A Bad Idea To Invest Your Life Savings Into The Stock Market?
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[QUOTE="Jasz, post: 242467, member: 61772"] If you're thinking about investing your life savings in the stock market, you should take a few things into consideration. First, what is the state of the economy? The state of the economy can determine whether or not a given company's stock will rise or fall. If a company is doing well, its stock might rise even if the economy is down, but if it's not doing well, it might go down even if the economy is up. Second, how much money do you have? If you don't have enough money to survive off of for at least a year (so including rent/mortgage payments, food, and so on), then it probably isn't wise to invest your life savings. You should always have enough money to pay rent/buy food before investing any money. Third, how comfortable are you with risk? If you're comfortable with risk and happy to wait out the ups and downs of the stock market until you get returns on your investment, investing could be right for you. If you're not a big risk-taker and would be more comfortable having your money in a steady investment like property or art, then maybe don't invest your life savings in stocks. In conclusion, I will admit it's a very bad idea. Whatsoever you do do not invest all your savings in on thing. [/QUOTE]
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Is It A Bad Idea To Invest Your Life Savings Into The Stock Market?
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