ANSWERS: 1
  • <h4 class="dechead">On One Hand: It May Increase A Family's Money

    Buying and selling stocks on a stock market is a way that many people make a profitable income. Family savings may increase as a result of successful stock trading.

    On the Other: It Is Risky To Use Family Money.

    Using family money is a risky idea for buying and selling stocks as trading on the stock market does not absolutely guarantee profits. It is wiser to set aside a savings account specifically for trading stock.

    Bottom Line

    If a family is monetarily abundant, then using a portion of the family's money may be a profitable way to invest in trading on a stock market. It is, however, certainly not advisable to put a family's primary savings at risk for trading on a stock market.

    Source:

    Yahoo! Finance: Investing Family Money

Copyright 2023, Wired Ivy, LLC

Answerbag | Terms of Service | Privacy Policy