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<p>[QUOTE="yakpoo, post: 1260662, member: 18157"]I would "generally" agree...I've always said, "Never invest in anything you don't understand"...which is similar. However, I find that when I'm venturing into a new area of investment (or coin collecting) I sometimes need a focal point to help assimilate the information. </p><p><br /></p><p>For instance, I like many of the Conder tokens I see on CT, but really don't know much about them. I picked up a few inexpensive ones I liked from a trusted eBay seller and, in the process of researching them, learned quite a bit more about Conder tokens in general.</p><p><br /></p><p>The same is true for other types of investing...I can read (or talk to people) about selling stock options all day long, but until I actually do it a few times, it's difficult to put the information into perspective...that's true for me, anyway. The key is to do it with money you can afford to lose and understand that may be the outcome. That shouldn't stop you, though. Fear of failure can be worse than failure itself.[/QUOTE]</p><p><br /></p>
[QUOTE="yakpoo, post: 1260662, member: 18157"]I would "generally" agree...I've always said, "Never invest in anything you don't understand"...which is similar. However, I find that when I'm venturing into a new area of investment (or coin collecting) I sometimes need a focal point to help assimilate the information. For instance, I like many of the Conder tokens I see on CT, but really don't know much about them. I picked up a few inexpensive ones I liked from a trusted eBay seller and, in the process of researching them, learned quite a bit more about Conder tokens in general. The same is true for other types of investing...I can read (or talk to people) about selling stock options all day long, but until I actually do it a few times, it's difficult to put the information into perspective...that's true for me, anyway. The key is to do it with money you can afford to lose and understand that may be the outcome. That shouldn't stop you, though. Fear of failure can be worse than failure itself.[/QUOTE]
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