LogFAQs > #954999641

For years, I didn't invest in stocks because the "wisdom" of those around me is that I'm going to lose money on them. These were people that dealt with the crashes of 1987, 2000, and 2008 and as someone that has been poor and is afraid of losing money, I decided to just keep it all in savings.

I live at home and my mom often asks about my finances. She's discouraging me from investing even still because she thinks I could lose a lot of money. I could, sure, but as long as I don't make a lot of bets, I'm more likely to make some money if I'm invested long enough in good stocks.

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<D