Sunday, September 8, 2024

Money Matters: Investing for equality

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In today’s world, women are increasingly recognising the importance of financial independence and taking control of their financial futures because they want to be independent. One topic that has gained significant attention is investing in the stock market as it has the potential for giving them income. Managing a household and generating income is what today’s women are doing. By embracing investment opportunities, women are not only securing their financial well-being but also playing a vital role in promoting equality. This article explores how women are actively engaging in the stock market.

The rise of women in the world of “STOCK MARKET”
Over the years, there has been a significant increase in the number of women participating in the stock market, as it is very easily accessible to women. Previously, investing was largely considered a male-dominated field, but times are changing. Women are now recognizing the potential of stock market income as a means of achieving their objectives and taking charge of their financial futures by getting involved in trading.

By actively participating in investing or trading, women can create wealth to secure a better financial future for themselves. The stock market gives women the independence to make decisions that align with their goals and aspirations no matter whether they are working as traders or investors.

Consequently, whether one is a professional, a homemaker, or an entrepreneur, understanding the significance of investing and having the appropriate investing skills are essential. The majority of women still rely on their husbands or fathers when it comes to investing or making financial plans for their finances.

However, the truth is that the story about women investing is very different from what is being told, as the perception that men invest and women typically save is still prevalent. In addition, women are viewed as being less aggressive than men and not only unwilling to invest.

The time when women were pretty hesitant towards the game of investment is long gone now. Nowadays, more and more women investors are emerging in the Indian market. Some of the most popular women investors in India are: Nita Mirchandani, one of the first female investment capitalists in India, she has an experience of over 30 years in the market. Then Ankita Vasishta, This Bengaluru-based investor is indeed an inspiration to all aspiring women investors in the country. Bharati Jacob is another popular name in the field. Her commendable experience in investing and finance marketing, which is on the run after completing 2 decades, shapes her vision which makes her one of the most efficient female investors in the country.

But According to several studies, women’s portfolios outperform those of men due to the inherent characteristics that set them apart from male investors in their approach to investing. “Slow and steady wins the race” generally describes the investment approach of women, who are typically more risk-averse and willing to acknowledge and investigate what they do not know.

GTF has always taken steps to give women more power, and we’ve come across some of the best women traders who are actively managing the stock market as full-time traders and homemakers.

Overcoming barriers and challenges
The fact that four out of five women are in charge of the majority of household decisions demonstrates their significant influence over household finances.
However, women who want to invest in the stock market or start a career as full-time traders still face many challenges, the most prominent of which are managing their home and the stock market at the same time, a fear of losing money, and a lack of knowledge about how to get started. And this is what GTF works for, women have always been quick learners who have been able to get past all obstacles and challenges by learning valuable skills over time. Women are now able to develop and become financially independent due to the availability of stock trading classes which they can access from anywhere.

Conclusion
Investing in the stock market gives women a one-of-a-kind chance to control their financial futures and advance equality. Women can overcome obstacles and achieve their financial goals by dispelling stereotypes, adopting strategies for successful investing, and seeking professional guidance when necessary. Women can use investing or stock trading as a powerful tool to build wealth, ensure their futures, and actively contribute to making the world a more equitable place for them.

(The writer, Arun Singh Tanwar, is the founder and CEO of Get Together Finance (GTF))

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