Excuses Why You Have Not Invested in the Stock Market

Stock Market InvestmentIt is a no brainer when it comes to saving money out of every paycheck, but what about investing in the stock market? Building wealth is much more strategic than just getting a paycheck and being smart about spending. Did you know that less than half of Americans invest in the stock market? Building wealth is really about working smarter, not harder. It is time to stop making excuses, and making your money work for you. Here are some common excuses that you may be using to keep from investing in the stock market:

“I’m not wealthy enough to even think about investing.” Americans are stuck in a short-term frame of mind when it comes to finances. We are so focused on living paycheck to paycheck that we forget to look toward the future. Make a commitment to save a small portion from each paycheck. The best way to do this is by automatic draft before you even know your paycheck has direct deposited into your account.This little decision can easily become the best possible decision you can make for your future.

“I’m not into gambling with my hard earned cash.” By definition, the stock market is not gambling. Gambling is a game of chance in which there is only a small hope of winning. The stock market is making a smart decision about an investment opportunity. The more knowledgeable you are about the investment, the greater the return you could reap. There is risk involved, but the smart involved investor can earn profits despite the risk.

“I just don’t understand the stock market.” The stock market can be intimidating with all of the jargon. However, there are some great resources, like Mastermind Traders that can help you learn. A little bit of research, and a passion for learning can go a long way with the stock market.
Stop making excuses, and give it a try. Much like fantasy football, there are stock market simulators if you want to gain a little experience. The key to long term security is making your money work for you. Believe in yourself, and go for it!

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