To invest or not to invest?

It is astounding to me how many people do not invest their money. Even if you have a passbook savings account or CD, you may feel like your money is growing, but is it? Putting your money in the bank is like giving the bank a low interest loan. My question is, "why not invest your money and watch it grow?"
There are many reasons why people don't invest. Some think it is too risky, others think they are not capable of managing their own investments. If you do your homework and pick your investments wisely, you will find you can increase your wealth dramatically in no time at all. Don't be fooled by the financial analysts you see on TV talking in terms you may not be familiar with. It's not that hard. In fact, they use these terms to intimidate you into thinking "I'm not able to do this myself".
Another thing you have to remember is if you take them your money for them to invest, they may use your hard earned money to benefit their portfolios instead of yours. That is why I urge people to start off with an online brokerage account. Try to find one that not only offers less expensive commissions on trades, but have offices that you can actually visit if you should want to.
There are the high end brokers that will offer you donuts and coffee when you come in and advise you on how to invest your money, but really, do you think you need that? NO! Your mission is to earn the most money for yourself. Don't listen to someone who is trying to sell you something. Trust me, you are not stupid. You are able to do a little homework, look at reports on companies and determine if a stock is worth investing in. But remember, don't get in a hurry. Knowledge is power, and when it comes to your money, you need as much knowledge about your investments as you can possibly get.
Some people think "I don't have enough money to start investing". Most online brokerage firms will open your account for as little as $500.00! But as the old saying goes, you need to have money to make money. So the more money you get started with the more you can make. I want to see you make as much as you can.
So, if you have any reservations about investing, you need to rethink your financial situation. Perhaps you should be asking yourself, "Can I afford not to invest?" It's never too late to start and I would like to see you do well. If other people can do it, so can you.

Investment Soloist

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