Not only are women taking their rightful place in the corporate world, they are also becoming some of the most regular investors. In fact, statistics from the National Association of Securities Dealers state that nearly 47% of all investors in the United Sates are women. Even with these numbers, there are still many women who are fearful of starting to invest as they should. Since women generally tend to outlive men, it is essential that women begin to look to investing to provide the financial security they need.
With all the various hats that many women wear, that of investment guru is one that may be relatively new to many. Even so, it is time for women to put away old notions that they need to be “taken care of” or “provided for.” Sadly, many women cling to these ideals only to find that life takes a nasty turn and they are suddenly left to fend for themselves financially. Women must not wait until an event such as death or divorce forces them to take those first steps towards financial independence. Even for women who are partners in a financially secure relationship, there is nothing wrong with establishing personal financial goals. A little extra money can be equally valuable to a couple who want to retire together and enjoy the pleasures of travel, hobbies and a comfortable lifestyle.
One of the easiest and least complicated ways for women to increase their knowledge about investing is to visit some of the various web sites that are geared to them specifically. Some will send information via email so it can be studied at home at a time that is most convenient. This method of learning suits many women who have to fit learning time into their already complicated task of establishing a balance between home and work. There are also many free tools available online that can help. Simple things like investment calculators and investment tracking software can really expedite the learning process and perform some of the tasks that would be overwhelming to do manually.
Another option that works well for some women is joining an investment club. This plan provides not only a friendly sociable environment it is also very educational and informative. It’s a great way to make friends and have fun while learning and practicing a new skill. Since the investment requirements are generally fairly small, it is easier for women who may feel uncertain about taking risks with their money to be more relaxed.
Whether you choose to join a club or invest as an individual, it is never a good idea to go it alone. Try to find a good financial advisor or mentor to answer your questions and give you sound advice. An advisor can also help you map out a plan so your investments can ultimately provide you with the financial freedom you are seeking.
No comments:
Post a Comment