Myths about Investing

There are many misconceptions about investing, and we’re here to debunk them 🛠

Myth 1: Investing is hard and complicated, and it’s only for Boomers 😓

Answer: We’re here to make it easy! Over 500,000 users as young as 13 are already investing on Bloom 💖

Myth 2: I’m going to need a lot of money to start

Answer: Bloom lets you buy a stock with just $1 🤑

Myth 3: I don’t have time to invest now, so I’ll just start later.

Answer: It doesn't take that much time to get started! You can learn at your own pace, and the earlier you start, the more time you give your money to grow. ⏰

Myth 4: I’m going to lose a lot of money, and it’s super risky.

Answer: You can always choose less risky investments. Practical choices help reduce risk, and Bloom is here to teach you how to build long term wealth 🥳

Test your knowledge

T/F: In order to start investing, you need to be rich

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T/F: You should wait until you have more time to invest

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T/F: You will probably lose a lot of money from investing.

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What's next?

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How to 2x Your Money

Ever wondered how long it takes to double your money? 🤔

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Risk & Diversification

Are you ready to learn about how to take on risk in the stock market while protecting your investments? 😉 Let's jump right in!

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ETFs

Dive into the world of ETFs and discover the magic of diversification 🚀

Featured Lessons