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Brandan Chen

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Financial Planning

Here’s How the Tortoise Got Over His Fear of Investing

The Tortoise is known for being careful and cautious – so when it comes to investment strategies, it can sometimes feel like it’s going against his very nature. While the world of investing is often viewed as overwhelming, there are many significant benefits to smart investing. Since the Tortoise wants to make smart decisions about his money, here are the things he needed to do in order to get over his fear of investing and get started:

Take Time to Get Educated

Before jumping into the world of investing, the Tortoise did his homework. He learned common terminology, market trends, and other financial planning basics. He read books and articles that outlined beginner tactics for investment strategies and started to feel more comfortable with the concept. Understanding what he was getting into helped him to feel more comfortable about the whole concept, and also helped him to understand exactly how he should get started.

It’s Important to Start Small

The Tortoise did not want to throw his entire life savings into the stock market, so he began his investment journey with small increments that he felt comfortable with. As he got more familiar with investing, he increased, diversified, and sold investments as he saw fit. Over time, he was willing to put more into things because he was confident about his investments and understood what would work best for his specific strategy.

Don’t Be Afraid to Ask for Help

The Tortoise learned quickly that stock brokers are essential part of any investment strategy. They can help you make informed decisions and give advice based on their years and years of experience in the industry. He now works with a stock broker who understands his entire financial picture and goals and can help him to shape his investment strategy.

Thanks to these three tips, the Tortoise now sees beyond the risks of investing and understands that it’s an essential part of his investment strategy. By taking time to get educated, starting small, and asking for help from a stock broker, the Tortoise has already seen return with his investments. With the right tools and advice, he might be able to thrive in the investment market but also have a little bit of fun with it as well!

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Content Sources
1 - Johnson, Stacy (September 2018), 7 Ways to Slay Your Fear of Investing – and Other Things, retrieved from MoneyTalk News
https://www.moneytalksnews.com/afraid-of-the-stock-market-7-steps-to-overcome-investing-or-any-other-fear/
2 - Tweddale, Alaina (April 2020), How To Get Over Your Fear Of The Stock Market And Start Investing, retrieved from Money Under 30
https://www.moneyunder30.com/get-over-your-fear-of-the-stock-market