Some solid advice here, Dessy! My thinking about this is that you need to figure out how you intend to invest.

Back in the day when I thought I would make investing my main business, I treated it as a "real job." That's because doing things like researching companies, understanding their business models, trying to figure out the industry dynamics, building financial models on that information, building valuation models, coming up with a buying/selling strategy, writing the trade journal, and managing portfolio risk is a full-time job.

But now I feel I want to make my writing business my main job, investing becomes more of a side hustle. So, I've looked for more passive investing strategies because I know my limitations. There is no way I can do all those things I mentioned above in a side hustle. If I tried to do it, I'd probably make a lot of mistakes and end up losing money.

So yes, a lot of investing depends on knowing what you want to do and what your limitations are. Trying to do too much with too few resources, including time, is super costly.