There are lots of myths and mistakes in Index Fund (ETFs & Mutual Funds). Let's break it down!
Myth #1: "Index Funds are only for rich people."
It's not true! You can start investing with as little as $10-$100.
Myth #2: "Index Funds are risk-free."
It's also not true! Index funds can be safer investing options but it still go up and down with the market.
As a reminder, there are few mistakes to avoid when you start investing!
Mistake #1. Trying to Time the Market: Many investors lose money by guessing when to buy/sell.
Mistake #2: Investing Based on Emotions: Panic selling during market drops leads to losses.
Mistake #3: Not Being Consistent: Stopping contributions can slow long-term growth.
As a final reminder: Remember to always invest in long-term growth mindset. The stock market grows over time, even after downturns historically. Investing consistently for 10+ years increases the chances of success.
Test your knowledge
True or False: You need a lot of money to start investing in an Index Fund.
Choose an option
Which of the following is a common investing mistake?
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Why is long-term investing important for Index Funds?