"It is not because things are difficult that we do not dare, it is because we do not dare that things are difficult!"
Lucius Annaeus Seneca (5 BC - 65 AD)
If you're just starting out as an investor, doesn't matter your age, it's kind of scary!
You know you're supposed to do something with your money, but what?
Where do you really start and what's considered safe?
First ... Relax!
Don't think you have to know everything today. It takes years to understand investing, and no one fully knows exactly what's happening all the time.
So you're not alone if you're feeling a little overwhelmed and under-informed. Eventually you will make investment decisions with as many facts as you can assemble but you have to realize that you can never really know everything.
The best part of investing is to learn to live with the anxiety of the unknown!
There are always nay-sayers who will tell you that investing is for professionals, or that the market is too high, or that it is going to crash!
The first statement is false! The second is relative depending on a bunch of factors and the third is always a possibility depending on how you define crash!
If the Index goes to 10000 and "crashes" back to 8000 and you invested at 7000 you have not really suffered! Is this a crash?
Well, that depends on how you define crash. If you bought stocks at 10000, and sold at 8000, then you have experienced a "crash."
If you bought and held - continued below ...
