I think that many people don't take the advice "don't put in more than you can afford to lose" seriously enough

You literally have to be okay with setting that money on fire. Seriously... Think about putting a match to whatever amount of money you are thinking about investing and then decide if you are okay with that or not.During bull runs I sometimes find myself thinking "I should have put more money in!"...but then I look at how much I have invested and I'm like "Nope... Not okay with losing any more than that."

Submitted February 09, 2021 at 11:17PM