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RE: Investing in the stock market! [Simple Guide]
When my father was alive, he used to tell me: "My daughter, Eat 5%, preserve 15% for Short time investment and 80% for long time investment"
When my father was alive, he used to tell me: "My daughter, Eat 5%, preserve 15% for Short time investment and 80% for long time investment"
I believe the younger you are the more risk you should take and the older you get the wiser you should get with your investments. That is very good advice you, the only time I disagree with it is when you are young. If you got a lot of time left, take the chances, it only takes one good risk to pay out and make you rich for a lifetime!
This is the most intelligent statement I've heard this week so far