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I would join the FIRE bowl or some financial bowl in here. If you don’t have any money at all in the Stock market, I would suggest opening a tax advantaged account - 401k, roth IRA, etc. and invest in index funds instead of stock picking. The goal is to have your eggs in all of the baskets to mitigate the risk.
Good advice!
I managed to turn $1000 into $600 by following a friend's advice. Needless to say I don't take his financial advice anymore lol. He did mention that you should never invest anything you're not okay with losing, so there's that
I have invested some money, but not enough to see any huge successes. I just try to invest in companies that I really like and want to see succeed. I for sure don't invest enough money that it would effect me negatively if I made a bad investment.
I was able to lose $2,500 because I believed in a company where a friend worked. They went bankrupt a couple years later. I’ll never invest in a single stock ever again. Broad index funds are the way to go.
I don’t really invest much but I have a few index funds and long term GICs