Re: 20, in school, $1500
I am also in college, I had about 3k I invested in stocks long term. In hindsight it was not a good idea, the stock isn't doing much, down 5%. Not that it makes a difference whether it is up or down. I would've been doing a lot better if I used that for a higher bankroll for poker.
My 3k is pretty much pennies in the grand scheme of things with commission charges of like $25 a trade. You do the math with 1500, you've lost like around 4% buying and selling a stock.
Stocks is not the way to go unless you have more money to invest.
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