How to Overcome Your Fear of Investing | Phil Town

I’ve put 16500 in my Roth IRA over three years but haven’t invested bc’s of fear ??. It’s just 16500 cash sitting there. Thinking I should pull it all and out it towards my house… thoughts?

How to overcome greed then when you already know how to invest properly and make lots of income but it turned out your stock is just getting higher after you sold it?

In a way investing does feel like a life or death situation. As a Community Health Worker in a health care setting, every day I talk to at least one elderly patient who struggles to make ends meet. Hardly anyone is saving enough, and alone the stress of dealing with that affects one's health, their quality of life, and in the end their lifespan. Forget the fact that many don't take all of their medications because they feel they can't afford it. I've done a great job at saving for the future, with plans to expand on real estate investments, my Roth IRA and 403b accounts, but fear taking the risk of investing in stocks and bonds. You're right though, becoming more knowledgeable on the topic will make a huge difference. I just don't trust myself enough yet to make that commitment. In the meantime I plan on investing heavily in what appear to be safe ETFs when the market hits correction and/or crashes. A step in the right direction I believe.

Thanks so much for your videos – they're amazing and I'm learning and growing so much. What helped me to press the buy button for the first time was that I'd researched the company inside and outside. I also started with risking a small amount of money that I was ok with losing if I did happen to stuff it up. I viewed it as an investment in my education, and in gaining experience, confidence and wisdom. It's all working out great – the fear is shrinking, and I feel increasingly confident of creating a financially secure future for myself and my kids.

Fear of loosing lot of money, 'what if' ( crash etc..) why haven't started; prefer garanteed, lower return peace of mind saving.

Thank you Phil
You really a chunk of experiences
I enjoy watching your videos
it does make a lot of sense

I love your videos and have been binging on your podcast. There is something about your swing and a miss pop culture references that I love. Also your daughter is a great devil's advocate to your strategies. Keep them coming

Hi phill: I spent all of my savings two times. once in the Stock Market and another time on an algo-trading Forex investment. both investments left me dry and wiped my savings clean. I'm reaching a point where I can Save some money but I'm terrified of investing again. what would you recommend for me? where should i begin? thanks. Hernan

Thought I was being savvy in my 20s by investing in the stock market in banks & telecoms and ended up losing absolutely everything. Now approaching 40 and terrified of getting back in again due to the ridiculous recent (? unsustainable) gains and fear of having missed the boat. I don't have any kind of future pension to talk about. I know they say time in the market is more important than timing the market, but do you think the markets are overvalued at the moment and I should avoid putting a lump sum in for the next three months?

The fear of failing. But I do agree we fear what we don't know

So happy to find out you guys have a podcast. Thanks for all your work !

I am only 20 years old I only have $1000 to start investing. Where do I start where do I go do I do Scott trade? Am I too young to have a big dream to become rich.

hi I am in that boat for having a bit of a fear to start .. I mostly scard of what platform / broker to used to start .. great videos keep up the good content

ha! the rule one car is the only car that is a good investment

I'm just starting with educating and I do fear about " what's out there " when I will start investing. I know I will overcome this fear by education. Thanks a lot Phil !

my fears come from not knowing where to start investing.. Witch Sectors worth investing and how to pick the Stocks..!

my problem is not the fear. my problem is the lack of funds to invest. I need capital to invest