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4. Have a contingency plan in place

4. Have a contingency plan in place

Friday, December 1, 2017, 7:09 PM

Since investment in the stock market may not be completely safe, it is always advised to have a contingency plan in place. This is often referred to as an emergency fund. It is something that you keep contributing to, along with your investment. The role of this fund is to take care of you in case an emergency arises.
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