Don't Get Spooked by Market Myths

 

“I don’t have enough money to invest.”

You don’t need a fortune to get started — just consistency. Even small, regular contributions can grow significantly over time thanks to the power of compound interest.

 

“This is a no-risk investment.”

Every investment comes with some level of risk. If something promises high returns with zero risk, it’s likely too good to be true. A healthy understanding of risk tolerance and how risk plays into your long-term goals can help you make informed decisions.

 

“I can time the market.”

Trying to predict the best times to buy or sell can lead to missed opportunities. Long-term, disciplined investing tends to provide more consistent outcomes than market timing. 

 

“The market is declining — I need to sell.”

Market dips are unsettling, but panic selling during downturns can lead to losses. Markets have historically recovered, so staying the course — especially when things feel uncertain — may help you reach your long-term goals. However, it’s important to align your strategy with your comfort level and long-term goals.