If you didn’t know this then it is time to wake up – on average women in America earn only 0.81 cents for every dollar a man earns. Compound that over your entire working career and you are looking at several hundred thousands of lost pay.
It is time women took the matter into their own hands and started looking for opportunities where the employers do not discriminate between the gender and pay according to the expertise and hard work.
While it might not be as easy to change a job or get the right opportunity you still have potential to change your future if you invest right. Thankfully, their is an equal number of choices for both the genders to invest profitably.
Some of the more popular choices are automated trading systems like the QProfit System which gives you an entry into the trading market and even with minimal or no knowledge you can hope to make some profit. The other popular options are mutual funds and real estate.
Tips to successful investments
Here are a few tips on how you can improve your finances with better investments.
- Identify your goals and the time frame you set aside to achieve them. Once this is established you can choose the right investment strategy. Remember your goals will be different from your neighbors and friends and hence what worked for them will not work for you.
- Save minimum 15% of your income for retirement; this is a greater need than probably buying a home. While you might still be young and retirement long way off, it is important that you prioritize your goals and save for long term.
- Women by nature are not risk takers, hence they tend to be more conservative with their investment plans. You can be safe and yet look at better prospects by having a diversified portfolio which will spread your money across several individual stocks thereby mitigating your risk while not reducing the chances of greater returns.
- Investments are not a one-time thing; they need to be periodically taken stock of. You must check your account status and know how your investment is doing and tweak it, if you must, to meet the changing ups and downs in the market. Be ready to change your allocations to keep up with the inflation and changing stock rates.
While you must not stop fighting for equal pay for both genders you can simultaneously secure your future with the right investments, after all, your finances are in your hands.