It’s Time to Stop Making Excuses

Let’s face it, investing can feel intimidating. Over the last few weeks we’ve covered why it’s so important, and how to get started, but there may still be something keeping you from taking the plunge. But what if we told you those common excuses holding you back might be easier to overcome than you think?

“I’m too young to worry about investing.” Think again! The earlier you start, the more time your money has to grow thanks to the magic of compounding.

“I don’t have enough money.” Good news! Many accounts have low minimums, sometimes as little as $5. Every dollar counts and taking the first step is the most important one.

“What if I lose my job? What happens to the money I put in my 401(k)?” Your 401(k) is always yours to keep, regardless of your employment status (or how it ends.)

The market is too high. I’ll wait for a dip.” Timing the market is notoriously difficult. For most investors, “time in the market” beats “timing the market.” Consider dollar-cost averaging: invest a consistent amount each month to smooth out market fluctuations.

Investing is a key step to take control of your financial future and there’s no better time than now.