Thread: Stocks
View Single Post
Old 07-09-2014, 10:26 PM   #4
Good High School Starter
Join Date: Jun 2006
Posts: 847
Default Re: Stocks

Originally Posted by KevinNYC
Can you afford to lose more than $500? Because that is the way you should think of it. You can afford about 12 shares of this stock so if it goes to $50, you will make $96. If it goes to zero you will lose all your cash. You, of course, can get out before it hits zero.

But it terms of too little, that's hard to say unless we know what you can afford to lose.

I can afford to lose 500 dollars..
netsfan549 is offline   Reply With Quote