No. of Recommendations: 6
Learn to invest without using margin. You are going to make mistakes as you learn. With margin, those mistakes are larger.

Once you've learned, then you can use margin to your advantage.

How long does it take to learn investing? That depends on the person. Some learn enough to be safe with margin in just a year or two. Some take closer to a decade. And some people never really learn how to invest well enough to be let loose with margin.

Margin is a very sharp tool. You wouldn't let your 5 year old kid use a chain saw without any training. Same thing with margin.

--Peter
Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement