A common misnomer we often hear is, “Isn’t that risky!?!” Starting a business, investing in the stock market, buying and selling real estate, etc. What you have to understand is that risk is nothing more than “unknown certainty” or lack of information. Why is one motivated to fly 20,000 feet in the air on an airplane to arrive at their destination hours earlier but not willing to trade stocks in order to retire faster? We deal with risk each day, but we are very comfortable with the things we THINK we can control. We become certain about things we have lots of trusted information on.
I started becoming financially free by trading stocks. When I try to tell others about it, they say, “MAN, that’s risky!! How do you know when to buy and sell? Those prices are random, you can’t predict that?” I respond with, have you traded stocks before? They quickly respond with “No! but I HEARD people lose lots of money. When driving on the highway, how are you comfortable with navigating a 2000 lbs vehicle amongst hundreds of other people who are driving at 60+ speeds, but not comfortable with trading stocks? Putting your life in danger seems a lot more risky than losing money. The difference is, you know the rules of the game when driving! Learn the Stock Market, and then you will realize it’s really not that hard. When something becomes a priority, you find the DESIRE, TIME, and RESOURCES to learn it. Make the want to become wealthy a priority! Learn about it, and the Risk will go away!