Part 3/8:
Becoming a Trader: Investing doesn’t require you to dedicate hours to trading. The reality is that most traders underperform the market, and it’s easy to fall for enticing offers from online platforms that promise quick riches.
Picking Individual Stocks: Similar to trading, trying to identify the next big stock, such as Nvidia, is not necessary for successful investing. Most casual investors will likely do worse than if they simply invested in diversified funds.
Investing Large Sums: There is no requirement to invest thousands all at once. Instead, consistent, smaller contributions are more accessible and can lead to significant growth over time.