Frankly, I’m Shocked…
A recent survey revealed some shocking news…
Nearly half of our readers haven’t invested any money in the stock market.
The reasons for readers not investing vary wildly.
But most of them can be broken down into two groups: those who are afraid to invest and those who don’t know how to invest.
First, let’s address the fears out there.
It’s understandable to fear losing all of your investments thanks to the market’s uncertainty…
People’s minds immediately jump to stock market crashes like the ones that caused the Great Depression or the recession in 2008.
But what they don’t think about are all of the other years where people were able to make huge profits.
Think of it this way…
In 2007, the Nasdaq (the stock exchange known for holding big-name tech stocks) was just under 3,000 points before the recession hit.
That same index is now over 11,000 points.
That means if you would have invested your money into tech stocks right before the huge recession of 2008…
You’d have a chance at being up almost four times your money today — despite the recession.
And overall, the benchmark for a return on investments over the past 30 years has been around 10% profits (before inflation).
That’s way better than the 1% returns you could get on high-yield bank accounts.
And it’s even better than Treasury bonds, which average between 5–6%.
That difference may not seem like a lot, but over time it adds up very quickly.
The graph below illustrates this by showing a $1 investment from 1927–2015…
While the market can be unpredictable, you can clearly see that stocks offer reliable returns over an extended period of time.
So don’t let your fears keep you from getting your piece of the action!
With that out of the way, let’s address the other reason our readers aren’t investing…
How to Get Started
If you’re not sure how to get started, the first step is finding a broker that you are comfortable investing with.
Weigh your options, because every broker is different and has different fees and online trading platforms.
Maybe you want more analysis, or an easier-to-use experience…
Or maybe you want a customer care team that you feel comfortable talking with…
Or one that can walk you through their online platform.
And if you’re hesitant to put down real money right away, many brokers will allow you to do “paper trades.”
These are fake trades using fake money. Paper trading allows you to understand how trading works without risking your savings.
It’s always a good time to invest…
So which stocks are worth looking into?
As we’ve said before, the tech sector is hot. And it’s been hot for over a decade now.
A couple years ago, it was FAANG stocks (Facebook, Apple, Amazon, Netflix and Google’s parent company Alphabet).
Lately, you’ll hear about MAGA stocks (Microsoft, Apple, Google and Amazon).
But the stocks I think have the best potential right now lie in the space sector.
It’s a young sector that has huge potential written all over it.
To a bright future,