Ndubuisi Egwim walks through seven steps to take before investing, starting with educating yourself. A Moneywise survey of 170 doctors found 74% don't invest and 55% see it as risky, mostly because they lack knowledge.
Over 170 doctors.
74%.
55%.
Seven steps you need to take before you invest even a penny in the stock market. You ready? Here we go. Number one, I'll say invest in yourself first. So in our recent money wise doctor survey that we did, we had over 170 doctors who 74% of them said that they do not invest at all in the stock market or in bonds or any alternatives. And another 55%, yeah, 55% of this same group said they considered investment to be risky. Now the truth of the matter is that if you have not invested in yourself, if you don't have investment, if you don't have the knowledge, if you don't know how to analyze investment, if you don't know even what an index fund is, if you don't know how to save money, if you don't know how to invest, automatically investing is going to be quite risky for you. So the first place you start is to invest in yourself. And when I say invest in yourself, I've said this in a number of videos in the past.
