“I don’t invest in stocks. I find investing too risky!”
This is a common statement I have heard from many of my college friends who are yet to start investing. They feel they are better off without investing in stock market, and staying with the safety of bonds, and (mis-sold) insurance cum investment products like ULIPs.
It really amazes me when such educated people think that investing in stock market is risky.
This is especially when they are already taking much bigger risks by listening to their greedy advisors and wasting their money on financial products that are never going to make them any money!
[Read more…] about Investing Isn’t Risky. Not Investing Is.