The millennial women are so full of promise and ambition to live life on her own terms. She believes in clearing her loans at the earliest, keeping aside an emergency fund, checking her bank account regularly and planning for a future that is safe and secure. But, there is a big but here, why does she shy away from investing aggressively?
Studies have found that currently women are earning more than ever and are in the best position to invest in stocks and yet very few do because of fear. Yes, fear is the biggest factor that prevents this gender from investing. And those who are not shackled by fear are bond by student debts. And given their nature to be debt free most women clear their debts as soon as they can.
Reasons for not investing
- Fear of loss: In general women lack knowledge in stocks and hence are wary to invest in them. Everybody knows that there are no guarantees when you invest in stock; thus, women being more tuned to saving feel less inclined to part with their money.
- Not saving enough: Women are inherent caretakers of the family and always like to be in a position of giving than As a result, the prospect of losing money on the stocks and not having any savings is frightening to most. They would rather be conservative and save little than be aggressive and lose everything.
- Not sure where to begin: Finally, not everyone knows how to go about investing in stocks. They do not where to start, whom to trust and how much to set aside. Many in fact blame their lack of investments on their poor mathematical skills though that has nothing to do with managing one’s money.
- Lack of time: Most women have too many demands on their time. Besides their work, the household and children take up a major chunk of their time and energy. It is a sad reality that several women pensioners live in poverty.
There are several automated trading systems like the QProfit System wherein one can start with a minimal investment and to get a feel for the market. These automated trading systems do not require any previous knowledge of trading or the market. Just by following the demo everyone can hope to make profits and fill their coffers.
So, women fear no more! Move on and embrace the stock market just as you face every challenge that life throws at you and emerge successfully.