Navigate money 52
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Person 1: An exciting startup is raising funds through crowdfunding. I want to invest in it.
Person 2: Nice. But do you have ‘play money‘ set aside for such activities?
Person 1: Can’t afford to have ‘play money’ yet. Whatever little money I have, I am investing in a diversified portfolio for the long term.
Person 2: Only invest in startups after you can afford such a risky opportunity. Till then, continue with your diversified investing for the long term.