5 Common Investing Myths You Need to Unlearn
Ditch the Doubts. Build Confidence. Start Investing.
If you’ve ever thought investing is only for the rich, too risky, or the same as gambling—this post is for you. These myths have stopped way too many people from growing wealth.
Let’s clear the air and replace doubt with confidence.
Myth #1: “Investing is Only for the Wealthy”
🗣️“I barely have two nickels to rub together—how can I invest?”
🔎 The Truth: You don’t need a fortune to get started.
In Canada, many brokerages have removed minimums, and you can invest with as little as $1. Platforms like Wealthsimple or Questrade even let you buy fractional shares—so you can own a piece of Apple or Tesla without breaking the bank.
💡 Takeaway: Start with what you have. Even $20 a week adds up to over $1,000 a year. Thanks to compound growth, small amounts grow big over time.
Myth #2: “You Have to Be an Expert”
🗣️: “I don’t speak stock market. Isn’t this only for finance experts?”
🔎 The Truth: You don’t need to master Wall Street to invest well.
Tools like diversified ETFs and robo-advisors handle the complexity for you. These are designed to spread out risk and follow market trends—without needing you to pick stocks or read charts.
💡 Takeaway: Go simple. Start with a robo-advisor or a basic ETF that matches your goals. Set it, forget it—check in once in a while, and adjust if needed.
Not sure what a robo-advisor is? 👉 [Click here to learn more.]
Myth #3: “Investing is Just Like Gambling”
🗣️: “Isn’t it all just luck?”
🔎 The Truth: Not even close.
Gambling is based on odds and chance—the house always wins. Investing, on the other hand, is based on strategy, research, and time in the market. Historically, the stock market has gone up over the long run, despite dips along the way.
💡 Takeaway: Focus on long-term investing, not quick wins. Stay diversified and consistent, and your money has a much better shot than on a lottery ticket.
Myth #4: “The Stock Market is Too Risky”
🗣️: “I’m scared to lose all my money.”
🔎 The Truth: Risk is real—but so is reward.
Yes, markets go up and down. But historically, they recover and grow. Spreading your investments (diversification) across different sectors and asset types helps reduce risk significantly.
💡 Takeaway: Know your comfort level. Choose investments that match your goals and timeline. The longer you stay invested, the more you smooth out the bumps.
Myth #5: “You Need to Time the Market to Win”
🗣️: “I’ll wait until the price drops.”
🔎 The Truth: Timing the market perfectly is a losing game—even for the pros.
Instead, try Dollar-Cost Averaging: invest a set amount on a regular schedule, no matter the price. This way, you buy more shares when prices are low and fewer when they’re high—automatically balancing out the risk.
💡 Takeaway: Consistency beats perfection. Automate your investments weekly or monthly and let time do the heavy lifting.
Takeaways
You don’t need a lot of money.
You don’t need a finance degree.
And investing definitely isn’t gambling.
✅ It’s about starting small, staying consistent, and focusing on long-term growth.
Investing isn’t a bet—it’s a strategy for building your future.
🚀 Next steps?
If money stress feels overwhelming, sometimes the best move is a small one.
That’s why I created a FREE 15-Minute Money Check-In—a simple weekly tool designed to give you instant clarity and a quick win you can feel today.
With this quick check-in, you’ll be able to:
- ✅ See exactly where your cash is going
- ✅ Cut one expense (without guilt)
- ✅ Set a small, doable goal that actually sticks
No spreadsheets. No overwhelm. Just clarity + one small win every week.
👉 [Get your FREE 15-Minute Money Check-In here]
👉 Visual learner? Swing by my Instagram for more easy investing tips and simple charts for a quick snapshot of everything at a glance!
