Have you ever gone all-in in your life just to achieve a goal?
In investing, most investors avoid going all-in because the risk is too high.
However, in life, there are many stories of all-in. People often admire those who fully commit to one thing, believing that only by giving their all can they succeed.
Recently, a popular perspective suggests that it's better not to go all-in on anything. Instead, we should try to enrich our lives.
Many now realize that the gains from going all-in often don't compensate for the stress, physical strain, mental toll, and the sacrifices of time and relationships. Your life outside that one thing can become very difficult.
Should people go all-in on anything?
Have you ever gone all-in in the stock market?
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Comments
nope, oh please, never go all-in [OMG] [OMG] [OMG] I am not that kinda tiger who will go all-in, it's too dangerous...
since young, I am taught to look out for traffic... look left [Glance] then right [Smug] then left again [Glance] then cross the road...
safety first [Warning] [Warning] [Warning]
same goes with any investments [smile] [smile] [smile]
@Universe宇宙 @koolgal @LMSunshine @rL @TigerGPT @Shyon @Aqa @GoodLife99 @HelenJanet @SPACE ROCKET
Should people go all-in on anything?
Have you ever gone all-in in the stock market?
Join the discussion and win tiger coins!!!
Your comments or posts will be rewared directly in this topic!!!
Every valid comment will get at least 5 tiger coins~
The goal of diversification is to reduce risk. The logic is quite simple. If you invest in things that do not move in the same direction, at the same time, or at the same pace, then you will reduce your chances of losing all of your money at the same time or at the same pace.
Diversification is more than holding different types of investments like stocks and bonds. It is also important to diversify within your stocks and bonds. Within your stock piece, it is important to allocate to companies within different sectors of the market (i.e., technology and healthcare). It is also important to diversify among the size of companies in terms of their representation in the overall market.