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Before you invest your first dollar in the stock market, you must understand that there are risks involved. Every investment strategy involves risk, which means that for every dollar that you invest, part or all of it can be lost.
People invest for many reasons to save for retirement, fund a future college education, to generate income. Regardless of why you invest, you will need to weigh the pros and cons of the various investment choices to see which best fit your investment goals. It is important to seek a long-term strategy and determine the amount of money you can afford to invest. Seeking the advice of a professional is a good first step.
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