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Posted On: 06/20/2020 7:20:04 PM
Post# of 148916
So I would say it all depends on your personal finances. I’m a big Dave Ramsey guy I’m very conservative with my money for the most part.
This is where I make the exception and take a risk a calculated one. I know people have large sums of money in cydy but everyone is different. I have 5700 of my cash into CYDY. I have mutual funds that I manage but don’t mess with single stock normally. Once my house is paid off then I’ll start taking more risk.
I believe in slow growth overall.
If you feel comfortable losing 10k then do it. If you can’t sleep at night over this stock then don’t. Although the writing is on the wall for this one.
This is where I make the exception and take a risk a calculated one. I know people have large sums of money in cydy but everyone is different. I have 5700 of my cash into CYDY. I have mutual funds that I manage but don’t mess with single stock normally. Once my house is paid off then I’ll start taking more risk.
I believe in slow growth overall.
If you feel comfortable losing 10k then do it. If you can’t sleep at night over this stock then don’t. Although the writing is on the wall for this one.
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