Common Investing Misconceptions
Last week we covered common planning misconceptions. This week it’s common investing misconceptions! What can I say; I’m not in a mood for long intros. It’s hard to start investing Luckily, it’s not super hard to start investing. Later, we’ll get in to some of the decisions you should consider (or outsource!) For now, we live in a world with internet access to everything you can pretty easily set up a brokerage account. Vanguard, Fidelity, Acorns, or a robo advisor like Betterment can all be good options for getting started. I need a ton of money to invest Nope! You don’t need a ton of money, just a savings plan. When you’re starting out the amount you save matters a lot more than investment return. For instance, if you’re saving…