22 Immature Beliefs About Investing That Can Harm You Financially
There’s a lot of noise about stocks and crypto. This is your survival guide.
Social media chips away at your financial psychology.
There is so much money talk. Your mate over the fence bought a Lambo with the returns from his growth stock portfolio. Or a lady you follow on Twitter made a million from betting on a coin with a dog’s cute face on it.
Everyone seems to be getting rich. They get to buy back their time and you don’t. It can be painful.
As a finance guy for most of my career, this new investing trend — led by investing apps, crypto and social media influencers — is killing me. Immature beliefs about investing can wipe out a lot of what you’ve worked for. Here are twenty-two immature beliefs.
Investing is the smartest thing you can do
Nope. I love investing. I believe you need to invest some of your money to buy back your time in the long run and do more forms of work you enjoy. But…
Most investing is actually gambling. Read that again.
When you don’t know what you’re doing, you’re really gambling. America loves gambling and that’s what a lot of people are doing. They do…
