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Finance in a minute
Basics of Money & Banking
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You need to be rich to invest.
Needing a lot of money to start investing is one of the most common beliefs about investing and also the most misleading. Many people believe that it is only the wealthy adults with large sums of money who are able to invest, but in reality investing is about habit, not how rich you are. Investing is like planting a seed. You don’t need a huge garden to start growing the tree. If the seed is planted early and taken care of regularly, it can grow into something meaningful ove
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The stock market is just gambling
A lot of people think the stock market is just luck, like playing cards or a coin toss. But it isn’t the same thing. When you buy a stock, you own a small piece of a company. If the company grows and makes profits, your share in the company grows in value too. It's not based on chance but rather on how the business performs. Yes, in the short term, prices can go up and down quickly. That’s why it sometimes feels like gambling. But if you look at the stock market over many yea
1 min read
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