I know investing in the stock market can seem risky. It is risky if you don’t know what you’re doing. Imagine getting behind the wheel of a car if you don’t know how to drive. Or sitting in the cockpit of an airplane but you don’t know how to fly. The missing ingredient in these scenarios is a lack of training.
Training and knowledge help you to overcome the unknown; the same scenarios no longer appear risky. The same goes for investing in the stock market, training will give you the confidence and faith you need to invest by yourself. Knowledge will give you the tools to minimize your risk and avoid certain pitfalls.
Stephen Jarislowsky a self-made billionaire has this to say about investing in stocks:
“I am an advocate of investing in individual, high-quality stocks, provided you take care to avoid certain pitfalls. Historically, stocks have proven to offer as good a return as any other investment vehicle – and nothing I’ve seen over the past 50 years of investing has shaken my faith in stocks.”*
Training (education) is the missing ingredient to help you become a successful investor. You owe it to yourself to learn how to grow your money. After all no one cares more about your money than you do.
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*p.87, The Investment Zoo, by Stephen A. Jarislowsky