Myths About Investing

You work hard for your money, and your money can work harder for you too when you save and invest it well.  The world of investing may seem like a scary place, but knowledge and skill building can help reduce your fear.  If you shy away from investing because you think don’t understand it, you are selling yourself short.  (That’s also an investment term, by the way.) You know more than you think, and what you don’t know you can learn.  There’s no magic or mystery to successful investing.  Are your beliefs making it more difficult? 

Start by taking this quick quiz.  Click on the question to discover the right answer.

1. I could never be an investor. True or False?

2. Investing is just another word for saving.  True or False?

3. It takes a lot of money to be an investor. True or False?

4. I could never understand investing. True or False?

5. Investing is too risky for me. True or False?

6.  Stocks are all the same big gamble. True or False?

7.  Bonds are boring. True or False?

8. Small investors never succeed. True or False?

9. All investments are scams. True or False?

10. No financial advisor would want to talk to me.  Besides, they only care about making themselves rich. True or False?