Planning How to Use Your Spare Time Should Come First
The first priority should be planning how to make use of your spare time.
The first priority should be planning how to make use of your spare time.
To keep adding to your position, you need capital. So don't dump all the money you intend to invest in stocks at once. If the market dips—or even crashes—you want cash on hand to keep buying. Conservative investors should hold at least a third of their stock and stock fund capital as cash reserves. Even aggressive investors should keep at least 25% as a safety net.