Don't  spend money you don't have.

If you are going to play be ready to pay. As with most things you choose to do there will be ups and downs, always be mentally prepared for what comes and only use discretionary income.

If the amount of risk in your portfolio makes you uncomfortable, you could build a conservative portfolio with ETFs as they are highly effective in risk control. A defensive portfolio could help you reduce losses in a down market, while still be able to capture some investing profit.
Deal with possible market downturn with a defensive portfolio
A surging CPI data could be a potential factor that triggers a downturn. In history, three out of four times CPI rise above 4% caused a downturn in the market.
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