Re: Advice for beginner
Not exactly what I was trying to say. More like 'CAN I afford to lose this money?'.
As a beginner myself I think it would be wise to take baby steps. $2000 still gives you plenty of room to make a gain AND make mistakes. The rewards won't be high but neither will...
Re: Advice for beginner
Who said I held? All im saying is $2000 is plenty to see what works and what doesn't, regardless if you intend to hold it for awhile or day trade. I thought the OP mentioned something about medium/long term investment?
Re: Advice for beginner
Thats plenty. I'm a beginner like yourself. The first thing I learnt was to only invest what you'd be prepared to lose. Last year (2011) around July I invested $3000ish in Suncorp (ASX:SUN) at about $6.50 per share. Theyre now at around $10.70. Alot of guys on this...
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