According to the National Financial Educators Council, a lack of financial literacy cost Americans an average of $1,015 per person and over $243 billion collectively in 2024. On a separate note, research from Gallup found that 62% of Americans own stocks. While investing is becoming more popular, it’s evident that there’s plenty of confusion surrounding the topic.
If you’re a regular retail investor with a middle-class income, you likely want to take investing seriously but may not be sure about where to begin. It’s understandable if you’re cautious because you may not be in a position where you can afford to take on significant risks with your investments. The good news is that you don’t have to take substantial risks to start investing in stocks.
