Five myths that keep new investors out of the market
Hamad Al Sager ·
Many people who could invest never start. These are the ideas that hold them back.
Many people who could invest never start, often because of ideas that do not survive a closer look.
“You need a lot of money.” Many brokers let you start with a modest amount, and regular small purchases add up over the years.
“The market is only for insiders.” Listed companies must publish their results and disclosures for everyone at the same time, and the rules against trading on inside information are enforced.
“You have to watch the screen all day.” Long-term investors check their holdings a few times a year, not every hour.
“A falling market means you have lost.” Prices move every day. A loss is only real when you sell, which is why money you need soon does not belong in shares.
“Islamic investing limits your choices.” Shariah-compliant funds and screened shares now cover most sectors in the region, with their own indices and track records.