The Truth About Investing: Busting the Biggest Myths
- liveyourmoneystyle
- Jun 18
- 2 min read
Have you ever thought: “I don’t have enough money to invest” “Isn’t investing just gambling?” “It’s too late for me to start now”
You’re not alone, and in today’s short but powerful bonus episode, we’re calling out five of the most common investing myths that keep people stuck on the sidelines.
Here’s what we’re debunking:
Myth #1: “I need a lot of money to start investing.”
The truth: You can begin with as little as $5 thanks to fractional shares and low-cost platforms. What matters most is getting started, not getting it perfect.
Myth #2: “Investing is basically gambling.”
The truth: Investing isn’t about luck. When you diversify and invest for the long term, you’re using a strategic, proven approach, not taking wild chances.
Myth #3: “I missed my chance — the market is too high now.”
The truth: Timing the market is nearly impossible. What really matters is time in the market. By investing regularly over time (a strategy called dollar-cost averaging), you smooth out the ups and downs.
Myth #4: “I need to know everything before I begin.”
The truth: You don’t need to be an expert. Start small, keep it simple, and learn as you go. Even professional investors often rely on straightforward strategies like index funds and robo-advisors.
Myth #5: “It’s too risky.”
The truth: Yes, there is some risk, but doing nothing with your money can be riskier in the long run. A thoughtful, diversified approach helps you manage risk and grow your money over time.
If any of these myths have been living rent-free in your mind, consider this your sign to move past them and start investing in your future — one small step at a time.
Let’s normalize investing as something anyone can do — no finance degree or big paycheck required.
you found this helpful, share it with a friend who needs a little investing motivation, and don’t forget to subscribe to Deeply Invested so you never miss a new episode.
Until next time - keep going, keep growing.
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