Do not buy receivables.
When you open a stock account and trade, you receive a
text message from the brokerage you trade with.
{Receivables **dollars accrued. If payment is not
made, the counter-trading is scheduled for the next day, so please deposit by
today.}
When
you receive a text message like this, your mind is disturbed when it comes to
investing in stocks. Therefore, in the case of individual investors, it is
important to set the investment so that they can only invest within the cash
they have.
The
occurrence of accounts receivable is an investment with short-term debt. Therefore,
it is impossible to make a proper judgment on investment. In that sense, I also
set up so that 100% cash transactions can be done immediately when a text
message related to accounts receivable comes after opening an account. No
credit transactions or receivable transactions.