Final answer:
False, buying stocks is not a sure way to make money as prediction of stock prices is uncertain and many professional investors often underperform the market average. Success in stock investing is difficult and not guaranteed, and financial wealth is more reliably built through education and saving.
Step-by-step explanation:
Buying stocks is not a guaranteed way to make money; it is a common misconception that investing in stocks is a surefire path to wealth. The ability to predict stock price movements is highly uncertain, even for financial experts. The stock market is influenced by numerous unpredictable factors, making it difficult to choose stocks that will consistently perform well. While some investors do manage to succeed and earn significant returns, many mutual funds attempting to beat the market actually underperform relative to market averages.
For the average person, the chances of outperforming professional investors is slim. Rather than relying on stock picking as a wealth-building strategy, most Americans are more likely to accumulate considerable financial wealth through continuous education, skill development, and early and consistent saving habits.