Myth #7: “I Don’t Know Anything about Investing in the Stock Market”
You do not have to, actually! Not everyone has a knack for picking stocks or predicting market conditions. It does not, however, mean that you cannot invest in the stock market. According to financial advisers, the best investment option for the average person is an index fund. Index funds hold a large number of stocks, have very low operating expenses, and offer higher returns compared to most other investments. All you need to do is pick an index fund and keep investing a small sum of money every month without worrying about what is going on in the stock market. It is one of the surest ways to earn a steady return with limited risk.
