There are a great deal of old sayings still in use today: “look before you leap,” “patience is a virtue,”…and then there’s one of my least favorites: “ignorance is bliss.”
The meaning of ignorance being bliss is that you won’t worry about something if you don’t know anything.
I’m not entirely sure that not knowing about something is good for anyone, depending on what it is.
Give me one situation where not knowing something has been beneficial to anyone!
Wouldn’t you rather know you have cancer in stage one?
Wouldn’t you want to know the reputation of the company from which you’re considering a job offer?
Wouldn’t you want to know that your future spouse is not trustworthy before you say “I do”?
I know I would want to know all of these things!
My introduction to the stock market didn’t happen until I was around 25. My introduction to investing took place many years after that, through trial and error.
One of the reasons I’m so passionate about this topic is that I know that there are tens of millions of people that have never been exposed to investing in the stock market, and many who will never have the chance to know.
It is a shame to work 30 to 40 years of your life and not have your money working right along beside you!
Unfortunately, you don’t know what you don’t know. And your ignorance can cost you a tremendous amount of money that could have compounded over your lifetime.
There are many people that do not believe that building wealth in the stock market is possible for the average American. I vehemently disagree! I believe that with planning, discipline and luck, you can build a fortune for you and your family.
So if the stock market is new to you, then make it your business to get to know it today. There is no wealth-building vehicle like it anywhere on this planet. A great place to start is my beginners’ investing guide, The Stock Market is For Everyone.