Why are we so clueless about the stock market?
There are a lot of us that just don't understand the stock market.
So today we are uncovering the mysteries behind why we are clueless
about the stock market.
I am Tiffany Thomas, your wealth mentor.
I achieved financial freedom in my thirties and became a millionaire
at 40.
I'm here to help you do that even earlier and easier.
So let's dive right in.
If you are feeling clueless and disconnected from stock market
investing, then today's video is for you.
I'm going to go over why we are so clueless about investing in the
stock market and how we can change that.
The first reason that some of us are clueless about the stock market
is because of the lack of financial education around investing in the
stock market.
This is not taught in schools.
It's not a required class that people have to take as they are getting
their education.
For years and years, the school system has just focused on a certain
curriculum that did not include investing and that is very
unfortunate.
I hope that we can continue to change that over time, but honestly, if
we can educate ourselves about investing in the stock market, then of
course we are going to be less clueless.
But we can also take action and get started investing in the stock
market and that way our money can start working for us so that we can
stop working for the money.
There are a lot of different ways we can educate ourselves about
investing in the stock market.
Of course, there are YouTube videos like this and there are books.
For example, you will be financially free my latest book and it talks
about how I was able to invest in the stock market and become
financially free.
So this is just one resource.
I will leave a link below in the description.
You can check it out if you want to, but there are also different
courses that we can take and of course you can work with a financial
coach if that is something you want to do.
But honestly, the more we can educate ourselves then the more we can
understand how to invest in the stock market and actually be
successful with investing in the stock market.
The second reason on why we are so clueless about the stock market is
because of the confusing jargon that people use.
A lot of people make investing in the stock market sound complicated,
but honestly we can make it be very simple.
Unfortunately, a lot of things that we hear on the news are
complicating stock market investing and they're using big words, all
of the stock market jargon and it keeps people afraid of investing in
the stock market because they think they won't be able to understand
how to invest because it sounds so complicated.
So going back to that first step about the lack of education, we can
continue to educate ourselves about the stock market.
It does not have to be complicated.
It can be very simple and we do not need to learn all of the different
terms and all of the different investments out there.
We can learn what we need to to still be successful in the stock
market, and that does not require learning everything there is and
understanding all of the jargon and the complex ideas out there.
And honestly, if you do want help getting started in the stock market,
I have a free masterclass and I go over exactly how I can help you get
started in the stock market.
I will leave a link below in the description and you can check out the
free masterclass.
The third reason why we are so clueless about investing in the stock
market is because of our own psychological barriers and even our own
fear.
There are a lot of people that are afraid of losing all of their money
in the stock market, and I honestly used to feel that way.
I was super nervous to invest in the stock market and I did think I
was going to lose all of my money.
But once I started to educate myself about investing in the stock
market and figuring out how the stock market works, I knew that that
really is not possible.
Unless everything in the world goes south and there are no businesses
out there, then possibly we could lose all of our money.
But if that does happen, then I just hope that we have our food
storage and I do address stock market here in another video.
I will leave a link above.
You can check it out later on.
And I know a lot of people are worried about getting scammed or not
knowing who to trust, which leads to a lot of people relying on
someone else to manage their money when in actuality a lot of us can
do it on our own.
Probably 99% of us can manage our stock market investments on our own
and be very successful, get great returns.
We can get that 10% return that is the average for the US stock
market.
And it doesn't have to be a stressful thing.
We can learn the foundational pieces of investing in the stock market
and do it ourselves, and that way we aren't relying on someone else to
do it for us for the rest of our lives and paying them a significant
amount of money.
And then the fourth reason on why we are clueless about the stock
market is because of social media influence and a lot of
misinformation out there.
A lot of people are sharing false information and it is not good
because we kind of just see it and we might believe it rather than
doing our own research.
So we need to be looking for information that is factual and looking
for those that have actually been successful repeatedly and not just a
one time success.
There are also a lot of sensationalized headlines out there that kind
of blow things out of proportion about investing in the stock market.
And that really does add to the confusion.
Without that ability to filter through what is true and what is not
true, it is no wonder a lot of us are clueless about the stock market.
Personally, I ignore a lot of those catchy headlines about someone
making it rich overnight in the stock market or put all of your money
into this one stock right now and you'll be rich within a month.
Or just things like that that are just blowing things out of
proportion and they aren't actually true.
I'm more about keeping that long-term perspective and investing in
what I know works because that is what I've been able to do for myself
to become financially free and become a millionaire.
Honestly, it is not too late for us to start to understand the stock
market so that we can become less clueless about investing in the
stock market and actually start investing our own money so that we can
take advantage of compound interest and watch our money grow
exponentially over time.
And if you do want help with that, make sure and check out my free
masterclass.
Just click that link below in the description and you can watch the
free masterclass on how I can help you invest in the stock market.
Comment below with one takeaway you got from this video.
I am curious to know.
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Thanks so much for watching.
I'll see you in the next video.