No one knows the future.
And that’s why speculative investors should only risk money they are willing to lose, according to media mogul Gary Vaynerchuk, who also goes by the name Gary Vee.
Vaynerchuk was an early investor in companies such as Uber and Snapchat and has recently advocated for investing in sports cards and cryptocurrency.
Check out this video to learn Vaynerchuk’s four rules for investing.
More from Invest in You:
How Walmart and other big companies are trying to recruit more teenage employees
Americans are more in debt than ever and experts say ‘money disorders’ may be to blame
How much money do you need to retire? Start with $1.7 million
SIGN UP: Money 101 is an 8-week learning course to financial freedom, delivered weekly to your inbox.
Disclosure: NBCUniversal and Comcast Ventures are investors in Acorns.
