Major confession: I’m extremely fearful of investing money.
It’s not the risk factor so much. It’s the fact I understand literally nothing about it. No matter how many blogs I read or articles I browse that address ‘investing for dummies!’, I can’t crack it.
But I’m stating my intention. This is it! This is the year for breaking the fear and putting some knowledge in my head and some cash on the line. My savings account balance is currently $11,445. I have a strong feeling that my previous conception that investing can only be done by the $10,000s is wrong. So step one will be to take $2,000 and put it somewhere.
Where? I don’t know. I’m very confused about every single facet of this business. But I’m ready to bulldoze my way in. I’m sick of holding myself back, and feeling behind. However, I’d love some advice. What were your first steps? Any advice for an impulsive, distractable person in their mid-20s such as myself?