Waiting To Start Investing Could Be Your Biggest Money Mistake Yet

Waiting To Start Investing Could Be Your Biggest Money Mistake Yet

Ever wonder how wealthy people get wealthy? They start somewhere. There's a powerful quote by businessman and motivational speaker, Nido Qubein, that reads, "Your present circumstances don't determine where you can go; they merely determine where you start." In other words: Even if your disposable income isn't where you'd like it to be, the key part with any process is that you begin, regardless of where your starting point is. After all, you don't know where it'll ultimately take you down the line. And here's the secret: Just because flashy, overnight gains from the headlines don't apply to you doesn't mean you've missed the boat on investing. You've probably heard all the commotion about crypto. People are using Bitcoin to buy boats, pay rent and make all sorts of day-to-day purchases. In fact, Standard Chartered made headlines when the investment bank announced its belief that Bitcoin would surge to $100, 000 late this year or early next. And it's not just Bitcoin on the rise. Analysts predict that the biggest cryptocurrency could be valued at $175, 000 some day. Sure, meme stocks are hot right now, too. Especially after investors jumpstarted GameStop's stock price from just $17 to over $500