Title. So, I’m 18y/o and I’m looking to invest soon and I’ve got people helping me out. My friend’s family have gotten pretty well off by investing and it’s only fueled my desire and interest to pursue it as well. Of course, I’ve no idea how any of this works and all these numbers and percentages look foreign to me, I’m still willing to learn and put in the time. The problem is, I’m not sure if it’s rather a worth investment. What I mean by that is that I keep hearing people say they make a lot of money investing in stocks but they end up losing it…? What does that mean exactly? Does their money just disappear from their account (assuming this is all through a bank or something, I’m not sure how this works) or do they just end up spending more than they can chew which causes them to make mistakes and not make anymore money/less than they were making before?
If the latter is the case, is investing worth it then? Indeed, it probably is to some degree, but would I be making a mistake if I do? I’ve got a job as a busser and I’m still in HS so I’m not in any debt. Will this investment towards me be worth it in the long run, and could I possibly live on a single income in the future with a full-time job, plus my stock investments? Thanks.
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