DECEMBER 2016
The investing woman!
Why you should become her! By Dikonelo Mile
"Give a woman a dollar, and she can put it to good use. Teach her about how money really works, and she can change the world,” says Linda Davis Taylor, CEO and chairman of Clifford Swan Investment Counselors. Why should women invest you ask. Women are naturally nurturing and caring for their communities. Imagine what powerful changes can happen when women also have the financial resources to take care of their communities. Netflix's show, Self Made: Inspired by the life of Madame C.J Walker , is a great example of why it is important for women to invest in themselves , their finances and dreams.
Saving, is putting money away for a specific reason whilst investing is putting money in a financial vehicle/asset, that will financially move you from point A to point B. There are different and many types of investments out there.
Investment style
Your investment style is based on your financial goals, time and your risk appetite. You have heard of the saying, no risk, no reward. Just like in life, every new step requires a leap of faith. Some of the assets you could Investments generally have a level invest in are: risk attached to them, ranging from low risk to high risk. However even with taking risks, it is Real Estate - investing in property important to take calculated risk. that appreciates over time can be You have to determine if you are an good for your portfolio. aggressive investor or conservative investor. Aggressive Investments yield Stocks - when you have part higher returns over time with a high ownership in a company and the risk, whilst conservative investments Women and Investments company performs well, the stock are stable with lower risk. How long increases in value. There are Research shows that, out of all assets also other types of paper assets such you are planning to invest and your goals will determine your portfolio. controlled by women, 71% is in cash. as bonds and mutual funds. Remember no to put all your eggs in This is because women do not think they know enough about investments Running a profitable business one basket. and wait until they are older to invest. Starting a business which becomes It is important to have a strong profitable. You can decide to sell the foundation before investing. company at a later stage or expand This is achieved by adapting finance it. Dikonelo Mile is Managing principles such as saving, budgeting, Director at Success increasing sources of income and Money Market Accounts - These Tuned, she can be found researching what you are to invest in. are interest earing accounts at a on: Knowing the basics to what you are bank or credit union. info@successtuned.co.za investing in is key. Remember to always differentiate between saving and investing.
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