Why You Are Not Rich: Financial Misconceptions That Hurt Your Bottom Line


Myth: The stock market is too risky

If you want to get rich, you have to invest in the stock market. There is no need to worry about market corrections, downturns, or even a crash. The market usually recovers and climbs up again. Thanks to compounding, a diversified, long-term investment in the stock market is likely to give you higher returns than any other investment.