September 7, 2017
Is Investing Risky and Complicated?
In our continuing series on the lies “THEY” tell us, the liar in this case is you. I had a meeting just last week where the subject of money (or lack thereof) came up. I asked what their investment strategy was and I was told investing is “too risky and too complicated.”
In my view, both of these are lies that people tell themselves. I’m not sure where the lie originated, but I do know Einstein is attributed with saying, “Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it. Compound interest is the most powerful force in the world.”
To not take advantage of this powerful force borders on stupidity. If your mindset prevents you from investing because “it is risky,” I believe you’re really engaging in the more risky behavior. Let us at Gainplan know how we can help with your investing questions and prove to you that the risk is worth the reward.
Gainplan LLC is a Registered Investment Adviser. This blog is solely for informational purposes and not a solicitation to invest. Advisory services are only offered to clients or prospective clients where Gainplan LLC and its representatives are properly licensed or exempt from licensure. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by Gainplan LLC unless a client service agreement is in place. Please contact a financial advisory professional before making any investment.