Reasons why you should not invest...
Straight to the point... You should not invest if you are in this situation: IN DEBT 1) You are in debt. If you have a recurring debt which require you to repay the loan, you should focus on completing the payment (partial/full) before you decide to invest. Debt in this case refers to bad debts such as credit card loans, loan sharks payment and personal loans from friends or families. Unpaid loans can lead to complication. It just roll the debt snowball bigger and bigger. NOT EDUCATING YOURSELF 2) You have no head or tail about investing. You may have probably heard of someone making good returns buying stocks and decided to do the same but the results can widely differ. There are many factors resulting why two investors buying the same stock can have different returns. Not understanding when to enter a trade can lead to losses. When it comes to investing for beginners, I would like to recommend all to consider the CARROT rule: C - Capital, A - Assets, R - Risks, R - Risk Appetite, O -