Investment Tips For Women
1. Since ages investment has been considered the domain for men and women generally keep away from the same. They even go to the extent of keeping money idle as they think it as a cash reserve for any emergency.2. However now women have to step forward as worldwide 40.4% of work force is women and their lay off due to global melt down is going to rise to 7.4% as compared to men which is at 7%.
3. As a women one must be prepared for any eventuality like being laid off or getting divorced and thus one must have a nest egg ready for the rainy days and for that women can follow the investment plan as suggested below:
(a) Women in Young Unmarried Stage i.e. between 20-30 years can invest aggressively in stock market as they can have a higher risk profile as age is on their side. They can swing trade in equity market , Buy today sell tomorrow, Future and Options trading or Forex market are ideal bets for them. They must also take a pension plan to reap highest benefit due to compounding effect.
(b) Now we come to next age group of women namely 30-40 years or can be aptly described as "Young Married With Children Stage" where one has to think for the future of children and thus they can invest in mutual funds and insurance policies.
(c) Next stage is Married with Older Children Stage which falls in age group of 40-50 years and now one has to cater for funds for their marriage and higher education. One may have to look for an educational loan for a child considering the expensive education.
(d) Now comes the retirement age bracket which is 50-60 years and one has to now look for safer avenues like fixed deposits, post office monthly schemes which will ensure a regular flow of money.
4. Thus if as a women one can work out the pros and cons of an investment; than one is sure to see such type of women doing well for themselves as well as for their family. Moreover remember that these tips are equally applicable for men also to make them equally successful in field of investment.
