“The stock market is too risky!”
“You're just gonna lose all your money!”
If you’ve ever mentioned investing in the stock market in casual conversation chances are you’ve been met with a lot of fear reactions and negativity; comments on how it’s just like gambling, and horror stories about how someone’s friends’ uncles next door neighbour “lost everything”!
It’s normal to have emotions around something that is unknown because when it comes to the human brain, it's literally designed and wired to keep us safe.
So when I hear things like this it just tells me one very clear thing…… They don’t know the full story and they don't have the knowledge about the stock market.. YET. It actually tells me more about where that person is at in terms of their understanding than anything else.
It might be that they have genuinely had a negative experience of trying to invest and have lost money because they've stock picked. Or maybe they sold at the bottom of a correction (this is common).
Maybe they just think they know and have never done anything more with their money except earn it and squirrel away in a bank account. This in reality is much more of a gamble than investing properly in the stock market, because as soon as you stop exchanging your time for money, (what a job is), then what?
When someone says “it's risky” I always ask them: relative to what? Compared to what?
Here in Ms. Wealthy HQ, we are all about having you confident and empowered with your money and with your decisions around money and wealth creation. I want you to have the knowledge so that you know the exact decisions to make throughout the rest of your life (not just today), because answers now, based on your current circumstances, current goals, current values are completely different to what it's going to be like in five years, ten years, or even further down the line.
So if you are hearing from other people who are in debt, who don't invest, who have no goals around money and wealth creation, who don't care about wealth, who judge other wealthy people, and that aren’t in alignment with you, then here’s what to do:
Get educated and seek the answers out for yourself.
Because personal finance is… personal.
Head over to www.investingbabe.com and check out my program Investing Bootcamp, where we teach everyone just like you to invest successfully long-term in the stock market and have you confident to grow wealth to $100K and beyond!
xo
Simone
P.S. If you want to continue learning after this, watch the free investing training found at www.mswealthy.com
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