News Summary

• When it comes to some of the myths about investing, those misconceptions can have consequences for your bottom line.
• Starting small and dipping your toes in the water is a great way to get comfortable with investing.
• The earlier you start, the higher the chances of earning more from your investments over time.
• If you set up a $50 automatic contribution when you're in your 20s, in 50 years that could be over $240,000, points out Chloe Elise, a certified financial coach and founder of Deeper Than Money.