Hi to all my fellow hivers. Whether your are a paycheck earner or are self employed and work from home like me, it is wise to NEVER put all your capital/disposable income into any 1 thing. I think we all know this already. Even as a kid, I learned 'don't put all your eggs in 1 basket'.
I'm a strong believer in this practice and also think that a person should have many sources of income. You never know when 1 or more of those income streams will encounter problems or even worse, lose money! :(
I was kinda forced to find and establish multiple income streams since my car accident in 1998. Up to that point I always had a paycheck JOB.. I thought that was the way of things and never gave much thought to investing, multiple income streams, etc.
I now have (and am still building.. MORE stacks, MORE stacks) some Real Estate, HIVE/HBD, hive (blogging), Gold/Silver, tokens (INCOME), trading (stock options), as well as cash and savings. Hopefully, I can increase not only the value of these assets, but also add a few more..
I super appreciate those wise warnings about my trading, but for me, it is something I feel is very profitable and I have learned to trade in a 'safe' way.. only risking a small % of my trading account per trade. The money in my trading account, while it would definitely suck to lose it, is only a very small portion of my total investment money. (investment money is NOT rent or food money and it can be lost without any effect on day to day living)
Ok, that's what I wanted to say about that.. I think all (or just most) of us here on hive are intelligent and wise enough to know how to handle money. :)
