Today I will share with you 6 myths of Investing.

1. I will start investing later

How many times in your life, has putting off something meaningful worked out better for you?

Do yourself a favor.

Take 10 minutes to learn about “compound Interest” and then tell me you are better off waiting to get control of your finances and your future.

2. I have high income, I don’t need to Invest

Being a high-income earner does not guarantee financial success down the road.

As a high-income earner, it is easier to mask issues related to money management, but as lifestyle expenses increase so does the need to thoughtfully grow your income.

3. I don’t have money to Invest

“If you always do what you’ve always done, you’ll always get what you’ve always got.” Henry Ford

You can start with as much as $500, and some time with zero when you have paper account for learning the process “which is I strongly recommend in the beginning before start with your own hard earned money.”
4. Investing like brain surgery, is best left to professionals

Professionals want you to stay in the dark side, to keep you investing with them. They convince you that it takes time and experience to manage your money. Actually, it takes, but learning how to do it by yourself will save you thousands of dollars over time and gives you the control.

The only limit is not to start learning today.

5. I don’t Have Time to Learn Investing

Lack of direction not the lack of time is the problem, we all have 24 hours.

Anything new will be hard in the beginning.

Anything worthwhile does.

As each month goes by, the time you devote to learn invest  decreases because you master the skills.

6. Investing too complicated and I do not like numbers

Because we don’t get the right financial education growing up. We don’t like numbers.

You need elementary school math to start, and with technology these days it has become so much easier.

Investing is not too hard. Like any other skill, it needs time and effort to learn anything new. You just need to take action.

Let’s look at this from another perspective.

Let’s replace investing with “homework” and see how you would react to your children saying:

“My grades are great, I don’t need to do homework”

“Homework limits my free time”

“Homework is too hard”

“My grades are so bad it won’t help to do homework”

“I don’t have time to do homework”

“I will start on my homework later”

“I don’t want to worry about my grades all of the time”

Does it feel different in that context?

I will leave the answer for you.