Investing your life savings

@Berrygal (5834)

May 17, 2018 5:54am CST

There are businesses or investments that needs loads of capital to kickoff and it might be one with potential though you might not be too sure.The amount of money needed for the business might just be one's enire life saving.Would it be advisable to risk it?

6 people like this

8 responses

@porwest (90234)

• United States

17 May 18

I say no EVEN THOUGH many people have done it and it made them very, very rich. When it comes to any investing, for me, I prefer to be quite diversified. I live by the rule to never put all of your eggs in one basket.

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@porwest (90234)

• United States

22 May 18

@Berrygal And the best practice for any type of investing.

@Berrygal (5834)

•

17 May 18

Yea,not putting all eggs in one basket is great

1 person likes this

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@rheicel (7065)

• Philippines

17 May 18

Before investing in any businesses you need to study it first so you won't regret investing from it.

@Berrygal (5834)

•

17 May 18

Thank you

1 person likes this

ultraman cosmos

@id_peace (14005)

• Singapore

17 May 18

You need to research and don’t put everything into one basket

@Berrygal (5834)

•

17 May 18

Yea,thanks

1 person likes this

@skysnap (20153)

•

17 May 18

I diversify. Never invest one place. because that's surely bad as well.

@Berrygal (5834)

•

17 May 18

I think same

1 person likes this

@Dextoi (1845)

• Philippines

17 May 18

If you want to make a life changing investment, you should check your options first and research more about them... :)

@Berrygal (5834)

•

17 May 18

Research is key thanks

• India

17 May 18

No risk no gain.

@Berrygal (5834)

•

17 May 18

Well stated

@augusta123 (6649)

•

17 May 18

no.I.can't risk.that

Louise Crisologo

@mlgen1037 (29886)

• Manila, Philippines

17 May 18

That is why researching is very important. One do not invest if you do not at least research.

@Berrygal (5834)

•

17 May 18

Research is very important though