I have listed the 5 barriers to investing in the stock market below and the barriers are fees, fear of losing money, high cost of stock ownership, lack of knowledge, and lack of motivation.
- Fees
- Brokerage Fees
- Expense ratios
- Fear of losing money/Unhealthy fear of the market
- Large 3-6 months emergency fund
- The larger the fear, the larger the emergency fund needs to be.
- Don’t invest in the stock market if you’re terrified of losing money.
- Focus on the leading indicators and not the lagging indicators.
- High cost of stocks ownership
- Micro investing
- Dollar cost averaging
- Lack of knowledge
- Books
- The simple path to wealth by JL Collins
- If you can by william J Bernstine
- The little book of common sense investing
- The swedish Investor youtube channel
- Audio books on youtube for free
- Audio books on audible
- Blogs
- JL collins blog and stock series
- Paul Merriman’s blog and podcast
- Animal Spirits blog and podcast
- Madfientist.com blog and podcast
- Podcast
- Books
- Lack of Motivation
- David Goggins
- Know you Why