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  Myth #1: Only the rich and old can invest There are some people who want to invest, but there’s always something that is holding them back from coming up with their investment planning strategies. Sometimes it is misconceptions and myths that may or may not be real; sometimes, it is the fear of falling prey to fraudulent practices. Now, allow us to bust some of the most common investment myths. Let us start with one of the most common myths about investing. You don’t have to be a millionaire or a senior citizen, or even a person in their fifties to be able to invest. You can start early; in fact, it is better if you do. The key is being consistent and learning to pick up on patterns that work for you. Also, note that the amount of money needs not to be large. It could be small and affordable to you. An ideal investment is supposed to help you grow financially, not bankrupt you. So, our advice to you is to start small, start early, and be consistent. There are more myth's related