Does investing in the stock market seem confusing? Do you feel like you can’t afford to? You are not alone – according to a survey by online personal finance company SoFi, 52% of respondents said they don’t have enough money to live on, much less to invest in stocks or mutual funds. And, a little over a quarter (29%) didn’t even have the faintest idea about where to start. What’s more alarming is over half of Millennial respondents said they aren’t invested in stocks or mutual funds.
Saving is just not enough. Investing is a financial requirement for achieving financial independence but it can be overwhelming to those that don't know how to just get started. All investments come with risks, but so is not allowing your money to grow. It also carries the risk of inflation making that money worth less in the future.
