Many think you can’t invest in the stock market with little money. I was guilty of the same belief. I just finished paying off debt and thought I needed thousands of dollars to start investing. As a stockbroker, I spoke with a number of people who believed it’s impossible to invest in stocks with little money.
This myth not only held me back, but it holds many investors back from growing their wealth. From a certain perspective, it’s understandable why many think you can’t invest in the stock market with little money. Not only can investing be confusing, it’s the belief that only wealthy people can make money in the stock market.