Honestly, I have absolutely no understanding of investments or trading.. literally zero. I was also never taught and it was never explained. Went through my entire life paycheck to paycheck, without the ability to invest. Into my 40's now, I have seen people win big and lose big within that realm. It is my complete misconception of what it is, but it seems like gambling to me, but then again, I really have no idea.
Thanks for sharing that. What you're describing is a totally normal and common feeling. The reason investing feels like gambling's because there are so many bull$hit artists pushing their investment product...Adopting a long term approach using low-cost index funds removes the feeling of that investing is a gamble. I would recommend you start with my articles about investing here and please ask as many questions as possible in the comments of each article: https://benlefort.substack.com/s/the-rational-investor
Honestly, I have absolutely no understanding of investments or trading.. literally zero. I was also never taught and it was never explained. Went through my entire life paycheck to paycheck, without the ability to invest. Into my 40's now, I have seen people win big and lose big within that realm. It is my complete misconception of what it is, but it seems like gambling to me, but then again, I really have no idea.
Thanks for sharing that. What you're describing is a totally normal and common feeling. The reason investing feels like gambling's because there are so many bull$hit artists pushing their investment product...Adopting a long term approach using low-cost index funds removes the feeling of that investing is a gamble. I would recommend you start with my articles about investing here and please ask as many questions as possible in the comments of each article: https://benlefort.substack.com/s/the-rational-investor