Yes, you read that right.

No, we didn’t mean #NoShaveNovember – although we definitely support growing out your beard if you can!

At Atticus, we are starting up #NoShameNovember to let those of you that haven’t started investing know that you’re not alone and there is NO SHAME with not being invested yet.

NoShame Promo

⚡ 🎁 To encourage you to start investing today, everyone that opens an account and uses the referral code: NoShame will receive their first month of investing for FREE on any of our plans AND they’ll be entered to win a $100 Visa Gift Card! The best part is that there is no minimum to start investing (start with just $1)! Sign up here! 🎁 ⚡️

I know that investing can be intimidating, especially nowadays with all of the different apps available to invest with. On top of that, we’ve seen Crypto gain a lot of traction over the past year, and chances are if you were confused about investing before hearing about Bitcoin and other cryptocurrencies, you’re likely only more confused now.

This is exactly why I started Atticus.

In college, I noticed how large some of these gaps were when it came to investing, specifically related to gender, race, or socioeconomic status, and that didn’t sit well with me. I knew there was an opportunity to make a difference here and help college students and young professionals unlock financial freedom for their futures.

And so, Atticus was born.

A student working on his laptop looking confused and stressed

Image by Unsplash

You’re Not Alone

To really create something unique that would benefit people like you and me, I spent time talking with students and young professionals to try to identify what the root cause was for why so many people weren’t investing.

To my surprise, there wasn’t one clear-cut reason. Instead, it was a combination of a handful of different questions, concerns, and hesitations.

Why Aren’t People Investing

Below is a list of the most common themes my team and I found for why people hadn’t started investing:

  • “I don’t know where to start”
  • “I can’t afford it – I don’t have enough money to start investing”
  • “Investing is intimidating – I don’t know what I’m doing”
  • “Investing is just for the wealthy”
  • “I’ll just wait until after college to start investing”

Ask yourself…

Do you see yourself in any of these statements? Do you share the same concerns or hesitations?

If so, you’re in luck!

Because we’ve taken all of these points and many more into consideration when developing Atticus. I’ll debunk all of these common concerns in just a bit, but first I want to talk more about what we’ve built at Atticus.

What exactly does Atticus offer?

Great question!

We’ve Simplified Investing for Everyone with our customized portfolio and investment management services. We wanted to take as much work off of your shoulders so you don’t have to even think about investing when you open an account with us. What that means is we take care of all the investing; buying and selling stocks, bonds, ETFs, etc.

Let me highlight that point again → We take care of ALL the investing so you don’t have to!

We’ve simplified the process into 3 Easy Steps:

  1. Open your account
  2. Fund your account
  3. Watch your money soar (and let us take care of the rest!)

The account opening process can be completed in under 2 minutes, and we’ve developed the application to give you a personalized recommendation so it takes all of the guesswork out of investing with us.

To find out more about How it Works, click here.

What sets Atticus Apart?

One of the big differences between us and any FinTech app (like Robinhood) that you can use for investing is the HUMAN aspect of our service.

We understand you will likely have questions about your investing journey, and we are here to answer those questions at any point.

You’ll have direct access to a financial advisor via live chat, email, phone call, video call, or texting (YES, we did say you can TEXT US!) We want to make sure we are accessible when you need us, so we’ve embraced current trends and technology so you can rest easy knowing we’re always a quick text away.

Have you tried getting help on Robinhood before? You have to deal with a chatbot (which we all know how annoying those can be), and then once you make it through to customer support, you have to send a short message and they’ll respond via email sometime in the next day or two.

How annoying is that, especially if you just have a quick question.

Did I mention that we take care of ALL the investing so you don’t have to?

A different story with apps like Robinhood where YOU have to buy and sell stocks yourself which can be extremely time-consuming and stressful if you don’t know what you are doing.

A Rubix cube on a white table/background

Image by Unsplash

Common Concerns / Hesitations Debunked

Below I’ll walk through all of the common concerns and hesitations we’ve heard from people like yourself and reveal why you shouldn’t worry about these things when it comes to investing.

“I don’t know where to start”

To put it briefly, you’re on the starting line with us at Atticus. You just need to take the first step and you’ll be on your way in your investment journey.

Again, the reason why I created Atticus right out of college was because I saw an opportunity to make a difference in people’s lives by helping them unlock financial freedom for their futures.

For me, this isn’t a one-and-done kind of thing. Nope.

I am so committed to seeing you, your colleagues, your friends and family, and all of our clients succeed that I not only see Atticus as the place to START, I see it as THE place to START, CONTINUE, and END your investment journey.

What this means is continuous advisory and financial planning support from the time you sign up, to the time you buy a home, start a family, buy a second home, retire, and everything in between.

I know you may not be thinking that far down the road, especially when it comes to retirement, but by STARTING with us at Atticus, you can rest easy knowing that we are constantly thinking down the road for you.

“I can’t afford it — I don’t have enough money to start investing”

Wrong.

Wrong. Wrong. Wrong.

You can afford it because you can start investing with just $1 with us today! Regardless of how much money you have to invest, the time to start is NOW!

“Pay yourself first.”

Something I tell all of our clients. To truly grow your wealth, you should be paying yourself first. When we say “pay yourself”, we just mean you should invest that money into your retirement and/or investment accounts. This doesn’t have to be a set number, but we recommend anywhere from 10–15% of your income to start off.

Additionally, it’s best to get in the habit of paying yourself frequently. Most clients tend to do so with each paycheck they receive.

To encourage this, we’ve made it extremely easy to set up recurring investments so you don’t have to even think about doing it every week or every month.

“Investing is intimidating — I don’t know what I’m doing”

It very well can be intimidating.

And that’s where we come in – to take the fear and intimidation out of investing so you can focus on what’s most important to you.

If you don’t know what you’re doing, there’s no shame in that – you’re not alone. In fact, most people don’t know what they are doing when it comes to investing unless you’ve taken the proper courses in school, you’ve completed the necessary certifications, and you routinely study the markets.

Investing was never meant to be something that every single person should know how to do on their own. That’d be like saying everyone should know how to perform brain surgery. This is why financial advisors like myself at Atticus exist – to take the guesswork out of investing and the stress and intimidation off your shoulders.

We cater to people of all experiences, whether you have little-to-no experience or advanced technical analysis skills.

“Investing is just for the wealthy”

Have you ever wondered how the “wealthy” have become so wealthy and gotten to the point they’re at today?

I can guarantee that they’ve been investing, likely from an early age.

Investing is meant for everyone. Investing is the key to unlocking wealth.

To prove it, I’ll show you what I mean.

If you invest just $100 per month, in 30 years you’d have over $226,000 (assuming an average annual return of 10%). With that, you’ll have only contributed $36,000, meaning you earned over $190,000 just like that.

Maybe $226,000 doesn’t seem like a lot, so what if you put in $500 per month?

Over the same period with 10% average annual returns, you’d have over $1,130,000 in 30 years! You’ll have only contributed $180,000, meaning you earned over $950,000 just by investing.

Chart showing investment returns over 30 years

Now, do you see why investing isn’t just for the wealthy?

Whether you can only invest $5/week or $500/month, investing is the key to becoming wealthy. And we make it easy at Atticus so you don’t have to even think about it.

“I’ll just wait until after college to start investing”

I get where you’re coming from if you’re thinking this.

“After college, I’ll have a full-time job so I’ll have more money to invest, and I’ll have more time to figure out exactly how to get started.”

Trust me, if you’ve thought this before, you’re not the only one. Many people I’ve talked to have brought up this same point. However, what most people don’t realize is that the first 4 years of investing can account for a significant amount of your earning potential when it comes to investing due to compound interest.

Let me break it down.

Say you want to retire by age 55 and each month you’ll commit to investing $500 per month. I’ll run two scenarios – first, when you start investing at age 18, and, second, when you start investing at age 22 (assuming this is when you’ve graduated college).

If you started investing $500/mo at age 18 (assuming a 10% average annual return), you would have over $2,329,000 by age 55 for retirement.

A chart showing investment returns over 37 years

Now if you waited those 4 extra years to start investing, it shouldn’t be that far off from $2.329 million, right?

WRONG.

If you started investing $500/mo at age 22 (assuming a 10% average annual return), you would have only $1,544,000 by age 55 for retirement.

A chart showing investment returns over 33 years

This is how powerful compound interest can be. Those 4 years cost you over $785,000 in retirement.

Now I wouldn’t expect you to know this much about compound interest. Many people don’t realize how important it is to start early, and that’s why we’re here at Atticus to help.

There is No Shame

If you haven’t yet started investing, don’t worry! There is absolutely no shame in that.

This is why we started #NoShameNovember to bring awareness around the importance of investing and encourage individuals to get started as soon as possible.

We have not only simplified the process as much as possible for you, but we are also here as REAL, HUMAN advisors to answer any questions along the way.

If you haven’t started investing yet, that’s OKAY!

You’re on the starting line with us at Atticus. You just need to take the first step and you’ll be on your way in your investment journey.

To make it a bit sweeter, we’ve added a #NoShameNovember Promo this month as well, so be sure to take advantage of that when signing up for your account!

NoShame Promo

⚡ 🎁 To encourage you to start investing today, everyone that opens an account and uses the referral code: NoShame will receive their first month of investing for FREE on any of our plans AND they’ll be entered to win a $100 Visa Gift Card! The best part is that there is no minimum to start investing (start with just $1)! Sign up here! 🎁 ⚡️

It’s time to let us help you Watch Your Money Soar with Atticus.

About the author: Trent Madill

Hey there! I'm Trent, Founder & CEO of Atticus. I am a licensed Investment Advisor Representative (IAR), and I look forward to helping you reach your financial goals.

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