Don't invest what you can't afford to loose?

@rhodzptc (1317)
Philippines
June 27, 2012 3:58am CST
This idea just came up to me before I made my decision to invest in jsstripler. It is a risk that someone like me to take when you joined in an investment program like this. I know that jss have been paid so many people and I've been a part of it for quite some time. Today I got tempted to increase the investment I have put in JSS by adding another $200. But before I'm going to do that I am thinking if this amount would be something that I can afford loose upon taking the risk of this investment. For me it's already a lot of money but it is the money I kept on my ATM for about a month now. I have a savings in my bank this money is from my salary that I didn't withdraw since I still have money left in my wallet for my monthly budget. My point is that this money never earns any cent in my ATM so I'd rather risk it in investing than leave it there. I need your own point of view in this matter.
1 person likes this
4 responses
Jkct02
@jkct02 (2874)
• Kota Kinabalu, Malaysia
27 Jun 12
Investment is about earning a profit as well as pr - Investment is about earning a profit as well as preserving your capital.
It is not the right logic that 'this money never earns any cent in my ATM so I'd rather risk it in investing than leave it there'. It may not earn anything but it is safe. So safety is an advantage you can not just overlook because when you need the money it is there for you. Where as in the risky internet investments, the danger of losing all your investment is not just possible but it is quite real. I agree with your statement: 'Don't invest what you can't afford to lose'.
rhodzptc
@rhodzptc (1317)
• Philippines
27 Jun 12
I find you right from what you said. Isn't strange knowing that you have money on your ATM and you wanted it to earn but your afraid to loose it but you are willing to risk it?
Mashnn
@Mashnn (4501)
•
27 Jun 12
First, think whether $200 is something that you can afford to lose. Investing online especially in HYIP is a risky thing. It is like gambling, sometimes you win sometimes you lose. Just invest and do not put too much hope on it.
rhodzptc
@rhodzptc (1317)
• Philippines
27 Jun 12
Yes indeed that what I've been thinking of.
inertia4
@inertia4 (27961)
• United States
6 Jul 12
Well, investing in anything like that is always a risk, especially the stock market. But I would feel better investing in stocks then in JssTrippler. I signed up to that site and I am not impressed at all. I think you should just stay away from it. There are other ways of earning money online. MyLot being one of them. Work on getting referrals here. And if you're interested in a social network that pays and has many, and I mean many way to earn, just send me a PM here and I will share the link with you.
sharonla
@sharonla (25)
• South Africa
27 Jun 12
I think thats a very responsible decision and I've always thought much the same. If you make extra by investing then that's a bonus, but don't ever "throw away" money that you need.
rhodzptc
@rhodzptc (1317)
• Philippines
27 Jun 12
Well risking it seems to be just throwing it away right? Though it is an investment but who knows one day when the site did close I loose that money I invested right? It's worth to try because the earning is good but it is still a risk and if I loose it is the price that I have to pay for being greedy! hahahah!