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This is an article I originally posted on one of the few good personal finance blogs out there, Budgets Are Sexy.
The article covers the three primary reasons that I have noticed throughout my lifetime as to why people refuse to invest in stocks:
1. You don’t know enough about the stock market nor do you have an idea of where to start
2. Stocks are too risky
3. You have to be a professional to make money in the markets
Here is an excerpt:
Ever since I accidentally created the stock market in sixteenth century France while searching for a way to smuggle pilgrims across the border, I have noticed that people are more afraid of the stock market than they are of being viciously attacked by a pack of wild boars. If I can be completely honest: It pains me to see my wonderful creation be loathed so vehemently – which is precisely why I have decided to temporarily abdicate my secret cave (more commonly referred to as www.BigFatMoneybags.com) and clear up the bad name that investing and the stock market has gotten over the last few years via new venues (regards to J. Money).
You can read the full article HERE!
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