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RE: Do You Know Your Magic Number for Investing?
Most people are fairly clueless of the risk they're taking on, so it's kind of disappointing to see - The volatility should teach people very quickly though, at least the ones who are capable of learning.
That’s great until the amount you risk turned into an amount you’re unwilling to risk. If I invested 5k and was willing to see it go to zero but it turned into 50k, yeah I would be freaking out if it turned back down to 25k.
And like grant card one says go big or go home. I want life changing amounts of money.im not investing just to get by more. I’m investing so my kids and I are thriving. If I have to sweat it out a bit for them so be it. But that is just me. Not everyone should do the same.
Haha I think most people have the same thought pattern though