For many Americans, the only financial goal as of late has been staying afloat.
As many as
78% of Americans
report they earn just enough money to pay their bills each month.
So how does one get off the hamster wheel?
You start looking for other financial opportunities like investing.
. But I'm not going to sugarcoat it and tell you that by reading one article you'll be ready to
buy your first stock – although you could.
After the meteoric rise of
GameStop stock two weeks ago
, new investors took to the market in hopes of making
enough money to pay down debt.
big financial decisions in your life,
setting some time aside
to learn the basics before dipping your toe in the water.
'The only option to grow your money':
Why new investors bought stock during the pandemic.
When talking to my peers who are not in the market, one thing kept coming up:
Who do I go to for help?
recently made its mark by causing a market disruption powered by individual investors betting on stocks like
GameStop, AMC and Blackbery.
Similar, to Acorns, Stash and Invstr, these
are making the process
more accessible to women,
minorities and all individuals.