15. Are you going to play the market?
Investing in stocks is an excellent way to make yourself some extra money. The only problem is that the market can be a bit like a casino. Investment in the stock market is a gamble. Don’t invest every last cent you have hoping the market will provide you with a massive windfall. Determine what you can afford to invest and stick to it. This must be money you may need to do without in the event of the stock crashing.
Playing the market on your own is dangerous. The stock market is complicated and full of complexities. Secure the services of a broker with a good reputation who can make your money work for you.