It’s international women’s day!
I’ve been a huge advocate of investing your hard earned savings to create more future buying power. While women have become more empowered with their money than ever before, they are still less likely to invest in the stock market.
There could be a host of reasons why, but I want you to know, it’s not all that scary.
For beginner investors, I love to recommend (and I personally use) Wealthsimple. They are a smart robo advisor who helps you identify your appropriate level of risk so you can feel confident investing in the market.
Today, for all of you women who haven’t yet started investing, I encourage you to set up an account with Wealthsimple, and deposit $10, $25, or $50...whatever you can afford, JUST so you can watch it and see how it works.
Anyone has the capacity to do this and it might change your life together. Wealthsimple has an app and the interface is user friendly allowing you to track your progress visually on graphs. I personally love it and enjoy checking in on how everything is going.
It also allows you to set up auto transactions so you can put away a set amount each week toward retirement if you want. Also, you can rely on paying lower fees than if you were to invest in mutual funds with your bank.
You are selling yourself short if you are thinking of waiting to invest in your future. Retirees commonly state that they would have been better off if they started sooner due to the compounding of interest over time. Empower yourself today and start investing in your future.
If you would like to sign up for Wealthsimple, which I personally use and love, we have an offer for no fees on your first $10,000 in deposits for up to a year. You get to keep more of your money and watch it grow. The easiest way to invest in your future: http://wealthsimple.com/invite/XUPOZW