My Thoughts on Money – Mar 8, 2019

Why do most people not invest?

  • They don’t have any money to invest & they think only the rich can invest. 💸
  • They don’t know how, and give up at the first sign of it looking complicated. 🤔
  • They believe wealth is made up of material possessions (fast cars/clothes/bling) and not investments. 🚘
  • They don’t do well with volatility & they get easily spooked by downturns. 📉😮
  • They like to be more in control of their money & they think the stock market is too risky. 😭

Many people stay broke because they have too narrow a focus. Stop trying to save one dollar today with a coupon, when you can save thousands of dollars in the future by investing.

Mike K.

Mike is a front end web developer and marketing specialist. He enjoys writing about the internet, technology, finance, investing and health related topics.