Women are investing less, what could be behind this?

investing, BTC, women

It may seem strange to some, but there are many more men than women, who invest. And if you think about it, you hear much more about male investors than female investors. Why is that? Let’s look at that now.

The main thing is trust

The main difference is confidence in yourself. Women don’t trust themselves when it comes to investing and that’s the main reason why they don’t invest. Many of them also think they don’t have enough knowledge about investing to get started. However, you don’t need to know how the market works to start investing. There are ways that will ensure that you can make a profit even if you invest a small amount but regularly. After all, such an investment will pay off much more in the future than constantly watching and trying to predict the market. And you will gain the necessary experience along the way through your investments.

Investing vs. saving

The question of saving may even come to mind. Saving is better than doing nothing with your money, but with today’s inflation, you’re more likely to lose money than make money because the return on your long-term savings will be swallowed up by inflation. But if you want to provide for your retirement, you have no choice but to invest. Saving now doesn’t have the impact it did a few years ago. Anyway, it’s always good to have a reserve in case something happens and you have to pay something. Such a financial cushion should be equal to 6 months’ salary. Also, the earlier you start investing, the better for you.

Smaller deposits for women

Another interesting difference is how men and women start investing. For women, initial deposits are on average 30% smaller. The reasons can vary from lower salaries to lack of confidence to psychological barriers to investing. There is definitely a need to educate oneself in this area, preferably by starting slowly and gaining experience as one invests. If you don’t trust yourself, seek out an advisor who will take a step-by-step look at your finances and eventually come up with a plan that works for you.

Tip: Are we headed towards a perfect storm?

Conclusion

Investing is a vast field where you will constantly be learning something new. But they are also a good way to prepare for retirement. Nowadays, there are already many investment options and really anyone can invest, you just need to take the first step and get started. It’s also a good idea to stick to the golden rule – don’t invest more than you can afford to lose. That’s why it’s better to invest less, but regularly.

Source: forbes.cz

Leave a Reply

Your email address will not be published.

Are you new to the world of digital currencies?

Schedule a half-hour consultation.

Schedule a consultation