1932: You Won’t Lose All Your Money Investing (If You Take This Advice) by Robert Farrington of The College Investor
Optimal Finance Daily - Financial Independence and Money Advice
00:00
How to Avoid Losing Your Money Investing
People are afraid of losing money investing, and that's valid. You can invest to day and see your portfolio drop to morrow. But to lose everything, that's really hard to do. In every instance where you've heard about someone losing all their money, it was because they didn't have a strategy or follow some common sense strategies. Keep an emergency fund in cash. This should be enough money to cover six to 12 months of yourxpenses. It shouldn't be invested in stocks or the stock market.
Play episode from 02:16
Transcript
