Orlando, Florida (Ivanhoe Newswire)-According to a survey, female investors consistently outnumber male investors. So what are they doing right and how can they get involved in the game?
When it comes to investment, one fidelity report shows that women outperform men by 40 basis points annually.
Jeannette Bajalia, Expert and Founder of Woman’s Worth, said: Women are looking at money for security and security that can be given to women to maintain and achieve their lifestyle. “
Women work well, but many don’t know whether to invest or where to start.
“The first tip is to know what you have and where your money is,” says Bajalia.
Start with a low-cost index fund that offers a diverse portfolio. Find a fund with a cost ratio of less than 0.1%. That is, less than $ 1 out of $ 1,000 is the commission. Do not invest emergency funds that cover at least 6 months. Also, find a financial adviser who speaks in a language you understand.
Mr. Bajalia said: And that’s almost what I feel it is intentional. “
There is a stock trading simulator that you can practice. The top three are Wall Street Survivors, Market Structure, and MarketWatch Virtual Stock Exchange. You can find all three online for free.
The contributors to this news report are: JulieMarks, producer. Robert Warco, filmmaker and editor.
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