Your group chat is blowing up with messages from friends boasting about how much they made on a recent high-flying stock, but you don't have anything to add to it — because you don't own it.
With Bay and Wall Streets trading in record territory, and certain high-flying stocks like Nvidia making headlines for their share price rallies, it's tempting for investors — especially those who are just starting their investment journey and who might not have a lot of money to invest right off the bat — to want to jump in on the action.
But before the fear of missing out gets the best of you, experts advise taking a moment to ask why you want to invest in that company.
"Many investors get caught in the hype," said Ryan Gubic, certified financial planner and founder of MRG Wealth Management.
"Whe