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Community Status Updates

Using the stock market for the first time. Gonna be very conservative with my cash in it though, granted that the market is very volatile currently.

Feb 17 2016 08:08 PM

Shane
I need to save up more to purchase a house. This is a way for me to keep a separate account from my bank account, that will most likely appreciate in value more than savings.
Feb 18 2016 12:28 AM
Shane
Portland is a hard city to get a good property due to so many people moving here. So I need an alternate way to save besides just purchasing a property.
Feb 18 2016 12:29 AM
Waser Lave
I'm not an expert in any way but I would suggest a couple of bits of advice. Firstly, make sure that before you invest you also have an emergency fund built up of a few months of your expenses to cover any unexpected surprises. Secondly, make sure you're aware that stocks are a long term investment so if you're likely to need the money in the next maybe 10 years you might be better off putting your money somewhere with less risk.
Feb 18 2016 08:02 AM