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Reply to "Is this a common feeling in your early 40s? Feels like friends are getting rich and we're stagnant"
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[quote=Anonymous][quote=Anonymous] In general they recommend against investing large sums in individual stocks unless you don’t care to lose it. And if you don’t care to lose $20Ks of dollars, you are already WAY richer than us and likely OP. [/quote] Taking the safe, normal, and prescribed path is not a way to produce abnormal financial results. People do well investing in index funds, but that’s not a way to get rich. To make a lot of money you need to take risks and be able to live with possible downside. Is losing 20k going to change your life? Or are you just fearful about it without looking at the risk/reward objectively? I am not suggesting investing in single name stocks, just putting forward a general concept[/quote]
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