Before anything, you have to think what your objective is towards your money. If your pretension is capital preservation and need the money in the short term, the stock market ain’t for you. This will dictate your capability of handling volatility with temporary loses in market value. If you conclude that you can handle volatility and don’t expect to be needing this money in the short term, then the approaches could be the following.
Enterprising vs Passive Investor
Enterprising vs Passive Investor
Enterprising vs Passive Investor
Before anything, you have to think what your objective is towards your money. If your pretension is capital preservation and need the money in the short term, the stock market ain’t for you. This will dictate your capability of handling volatility with temporary loses in market value. If you conclude that you can handle volatility and don’t expect to be needing this money in the short term, then the approaches could be the following.