Did you ever have to take money out of any of your investments early, as in before you should? What type of fee or penalty did you have to pay to do that? And do you think you'll later on reinvest the money back into the account?
Taking money out of investments early
- Thread starter Lämmchen
- Start date
Yes as at last month i created a deposit account that i wanted to make use of for saving for a specific period of time and i would still get some extra profit as well. But then i saw some news that the platform was having some issues, so i quickly removed all my money, as penalty they took some fee from the money, though it was not much.
Some people invest in the long term, and some people invest in the short term. Some people like to take out their seed money early and invest only the money that have made through return on their investment. This all deopends on the individual's priority and risk tolerance level.
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