When it comes to investing, many people are worried and hesitant to get started. Some think they can’t do it at all. Investing seems to be very daunting and you constantly have doubts. You’re always wondering how you can do it the right way, always second-guessing yourself. The reason for this is most likely the number of myths surrounding investing. In today’s video, we’ll debunk all these misconceptions. Enjoy!
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(00:43) 1. Investment decisions should be made based on recent returns
(01:24) 2. You have to wait until you’re older to invest
(02:22) 3. You need a hefty amount of money to invest
(03:24) 4. Avoid risk and volatility at all costs
(04:25) 5. Gold is the safest bet
(05:24) 6. Investing and gambling are the same thing
(06:15) 7. A 401(k) and social security are the only ways to save for retirement
(07:00) 8. The stock market is the best place to invest if you want to grow wealth
(07:58) 9. International investing is too risky
(08:45) 10. The professionals always beat the market
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DISCLAIMER: I’m not a financial adviser. These videos are for educational purposes only. No official financial advice is being given. Please always check with a professional before making any investments or financial decisions. Your investments are your sole responsibility, these videos merely share my own opinions with no guarantee of gain or losses.
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