5. “Ignore the stock market — it’s too risky.”
Many people still believe investing is gambling. In reality, not investing is far riskier.
If you avoid the stock market entirely, you lose years of potential compounding — and your savings will fall behind inflation.
This mindset comes from older generations who lived through market crashes but didn’t see how consistently the market recovers over time.
Better approach:
Invest regularly through:
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index funds
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ETFs
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diversified portfolios
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retirement accounts like IRAs or 401(k)s
You don’t need to pick individual stocks.
You don’t need to “time the market.”
You just need time in the market.
