Quote from: philipma1957 on Today at 01:36:17 PM

Quote from: cafter on April 21, 2023, 07:13:26 PM

I don't invest money easily in any asset because of fear of losing that money. i think of investing 80% of total savings.
do taking risk is important or not?

please quote all question and answer it's very helpful for me and others.

never take an 80% shot.

You must always have reserves.

20% + 20% + 20% + 20%

over 4 years is much more reasonable.

Are you young (under 35)?

Middle (35-55)?

Older (55-65)?

retired over 65?

You name it here. These questions are usually all about individual circumstances. Most guys who open such a thread here bring up some number like 80% without any further details. How should someone come up with some reasonable advice?

80% always sounds like too much, but imagine if you are a 20 years old guy with a good source of income and no major financial obligations. If someone decides to take a risk with 80% of savings, it could still be ok for as long as you know that you can pay for everything that's going to come your way for the foreseeable future.

The younger you are and the less obligations you have, the more you can go the maximum. It totally depends on countless of other factors that nobody here knows anything about.