Myths about Investing

There's a lot of common misconceptions about investing, so we're here to give you the facts ๐Ÿงข

You might have heard certain things about investing from friends, family or social media.

There's a lot of common misconceptions about investing, so we're here to give you the facts โŒ๐Ÿงข

Myth 1: Investing is hard and complicated, and itโ€™s only for Boomers ๐Ÿ˜“

Answer: Anybody can invest, and we're here to make it easy! Over 1 million users are already learning & investing on Bloom ๐Ÿ’–

Myth 2: Iโ€™m going to need a lot of money to start

Answer: On Bloom, you can start investing with just $1, and even small investments can become big over time ๐Ÿค‘

Myth 3: I donโ€™t have time to invest now, so Iโ€™ll just start later.

Answer: You don't need a lot of time to get started! Bloom lets you learn & invest at your own pace, and the earlier you start, the more time you give your money to grow. โฐ

Myth 4: Iโ€™m going to lose a lot of money, and itโ€™s super risky ๐Ÿ˜ฌ

Answer: You can always choose "safer" investments, and Bloom will teach you how to pick what to invest in ๐Ÿฅณ

Test your knowledge

T/F: In order to start investing, you need to be rich

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T/F: You should wait until you have more time to invest

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T/F: You will probably lose a lot of money from investing.

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