Reasons why some people dont invest their money

[Starmix]

We cannot judge the pockets of the people, what we could judge would be ours. Though others have pockets full of money, but we cannot see what's inside their minds why cannot invest and what's the thing they are afraid of? Perhaps they lack earnings, they might lack time. They lack trust in financial markets. Humans have a very difficult time assessing and interpreting risk though. They might lack knowledge and have a fear of missing out. What can you add?

 

[Suba]

There are many reasons why some people don't invest their money, which often happens because their income is small, so they don't have excess money to buy investment instruments, the income is large but wasteful.

 

[Starmix]

That could be possible, no sufficient capital or lacking capital. Somehow their plans may come true if they are ready with their investment capital and strategic planning. However only time can tell.

 

[freelancermaria]

Some people do not invest their money because they are scared of the risks that come with it. In addition, they do not have enough money and they are quite overwhelmed with the options in front of them.

 

[Starmix]

There are many possible reasons why some people are afraid to invest. They're thinking that their money might be put to waste because of risk, also they might lack capital or have heard problems from investors that add fuel to their fears.

 

[eLdavis]

Some common reasons as to why so many people today do not invest is either because they are scared of taking the wrong risk and loosing their hard earned money, or they simply do not know how to go about it and where to start form. So they are completely lost.

 

[Starmix]

To invest means something we have to ready about and prepare for something as a protection of an investment against a possible risk. Risk is always the enemy of an investor.

 

[Augusta]

Thsy are always scare of losing their money which then bring lack of financial freedom, unpreparedness for retirement and no generation of passive income,

 

[Sanjeev]

May be they don't have a knowledge where to invest their money. Or may be they are scared that they may not lose their hard earned money

 

[Starmix]

May be they don't have a knowledge where to invest their money. Or may be they are scared that they may not lose their hard earned money

You might be right. Some people aren't easily convinced if they're afraid to lose a big amount. It's better that way to gain sufficient knowledge first.

 

[Augusta]

Some people live for just today they don't care about tomorrow which I believe it's a wrong mindset . You need to always invest.

 

[Sanjeev]

Some people live for just today they don't care about tomorrow which I believe it's a wrong mindset . You need to always invest.

Yes, there are people who want to live well in the present. They never think about their future, so they don't invest money anywhere.

I have seen people here who don't take the Mediclaim policy, as they feel why waste their money every year when they know they won't get ill?

 

[Starmix]

Some investors do not invest if they're not sure of the price and risk. They think and resolve many times before finalising their decisions. They're carefully thinking the best instrument for investment.

 

[Sanjeev]

This is better approach. It's better not to invest when you have doubts in your mind. Better is to investigate to find out if the investment they are thinking is genuine or not.

 

[Starmix]

It's not good to decide impulsively. Money is at stake when the investors insist then they have to face their losses.

 

[Springtime]

There are many reasons why people do not invest. Some people just do not have the money to invest. Some do not want to take the risk. Some do not have the knowledge and don't bother to seek advice.

 

[Starmix]

Indeed, there are many reasons why some people are afraid to invest or have no interest in investing. Perhaps, they do not have money or do not have skills.

 

[King Belieal]

Skepticisms and lack of sufficient information are the common reasons that people don't invest their money.

 

[Stardom22]

Most people don't enough and sufficient money to spend on their personal expenses and investing at the same time.

 

[Starmix]

Money is the usual reason why some people do not start investing yet. Their priorities are food and medicine which are expensive.