Investing can be a great way to grow your money, yet the fear of not being educated enough about the stock market and losing money tends to scare off a lot of people. But best-selling life-management author and CNBC contributor Suzy Welch says you don't need to be an expert.
Welch points to the fact that there are a number of tools available today to help even the most novice investor."It takes a special young person to say, 'I'm gonna save; I'm gonna figure out what investing even means.' And then they don't realize that there actually are tools available to them that are economically feasible," said Welch earlier this month on CNBC's Power Lunch.
Turn to an app. Investment apps such as Robinhood, Fundrise, Acorns and others waive fees entirely, or nearly so. To find the one best suited for you, determine how deeply you want to invest.
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