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Old 15-09-2021, 01:48 AM
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Originally Posted by Unregistered View Post
Ignore this guy pls.

1. You’re so young, it’s much easier for you to find a job even if you get retrenched (chances of you getting retrenched are, again, low since you’re young)

2. You have a higher risk appetite and a longer investment time horizon. Investing max of 30% in equities is stupid. No one is asking you to buy penny/spec stocks. Even if you invest in S&P, the historic 10, 20,30 year returns are high enough (you can ride out market corrections/shocks even if you’re lazy to do active management)
he will still loose his money because due to lack of financial knowledge, he will panic sell at the first sign of bear market



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