How much should I invest in stocks?
When I tried answering this question myself many years ago, I had a realization…
There's no small number of people, companies and computer algos telling us what stocks we should buy… and when we should buy them.
But in my many years as an investor and business reporter — interviewing countless financiers, hedge fund and mutual fund managers — no one ever talked about how much you should invest.
If you've ever wondered why you seem to keep making money… only to lose it all in short order, I'm going to share with you my six-step method I use.
Of course, there's no magic formula when it comes to the question of how much should I invest in stocks. If you choose bad stocks or start investing right as a correction or bear market sneaks up, you will likely lose money.
But this method will help you see risk, and give you a better chance of avoiding the biggest threat, especially for new investors: blowing up your account taking big risks before you've had a chance to build your knowledge base. |
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