There are many people from different backgrounds and of different ages that are interested in investing money. However, many are not particularly familiar with the various different types of investments that are around and some have no idea how to get started. In addition, there are many who are too scared of losing money on investments due to horror stories they may have heard. This then results in them simply putting their money into a savings account where it earns very little interests and offers no returns.
If you are one of the many people who want to try and make their money work for them through investments, it is important to know what key points you need to consider and what steps you should take. Investing money is something you do have to be careful with, which is why so many people get so nervous about it.
However, if you have access to the right tools, services, and advice, this is a task that can become far easier and more manageable for you. From getting expert financial advice to using tools such as the Ally Invest app, there are many tools that you can use in order to get advice and help when it comes to investing.
Some Key Points to Think About
For those that are thinking of investing their hard earned cash, it is very important not to rush into any decisions. Investments are not decisions that should be rushed into or taken lightly. You need to put a lot of thought into your options and selections as well as ensuring you have the most accurate and sound advice.
Any wrong decisions when it comes to investments could prove to be very costly to you, so it is vital that you take some time to consider some of the key factors before you make any decisions at all.
One of the things you need to consider before you make any decisions about investing money is whether you can afford to invest and if so how much you can afford. You have to remember that investment is always a risk so if you stand to lose everything if something goes wrong, you need to think twice.
If you have money that you can afford to lose, you can invest without having to worry about being left destitute in the event that something does go awry. Of course, all investors hope to make their money work for them and many do achieve this with their investments. However, you still have to take the possible risks into consideration and determine whether it is worth the gamble in your specific situation or circumstances.
Another key thing you need to think about is the type of investment you want to get involved in. There are many types of investments you can consider depending on your interests, preferences, knowledge, and finances. However, for those that are not really familiar with investing it can be extremely difficult to navigate the investment minefield and decide what sort of investment to opt for.
The good news is that there are experts that can help when it comes to assessing your situation and recommending the best option. However, you do need to be very careful and choose someone with expertise, an excellent reputation and someone that is regulated.
Many people in the past have been steered wrong by unscrupulous advisors and this has left them facing huge losses. By making sure you do your research when it comes to finding an investment advisor, you can benefit from far greater peace of mind.
You should also take the time to do your own research online so you have a better idea of what your investment options are, how much you might be expected to invest, what the likelihood of impressive returns is, and how the investments work.
Even if you do not know a lot about investment and are unfamiliar with the jargon, you will find plenty of articles and posts online that are aimed at those with little or no knowledge of investing.
This means that you can more easily understand what each type of investment is about and what the pros and cons are. You can also better understand the risks involved with different types of investment, which puts you in a far better position to make an informed decision with regards to the investment option you choose.
One of the other important points you need to look at is how long you can afford to have your money tied up for. There are some investment options that are short term and where you may be able to make returns quite quickly. However, there are others that can provide much bigger returns but do require the investment for a longer period in order to do this. If you can afford to invest over the long term, you will find that you have far more in terms of options and you have a better chance of making impressive returns on your investment.
Setting Goals and Diversifying
Two of the things that investors often do in order to boost their chances of success is to set goals and to diversify. The first is something the gives them some sort of structure when it comes to investment and this means that they can work toward certain goals and aims that they have in terms of their investment. The second ensures that they do not put all of their eggs in one basket, which helps to minimize on risks and spreads their investment money around rather than relying on just one particular investment.
Making sure you follow these tips can help to ensure you choose the right type of investment for you and could help to increase your changes of making returns.
We are living in a time when women are rising to new heights which means they are regularly being confronted with the fear of being "too much". For women in business this is pervasive and costly.
A few ways women can be perceived as "too much" are:
Speaking up about their successes and achievements.
Sharing one too many photos of their cute kids.
Telling one too many people about that date night.
Looking a little too good in that swimsuit.
These can lead to being publicly attacked on social media or privately slandered which in turn leads to women dimming their light and walking on egg shells in hopes of avoiding conflict and judgement.
The minute a woman feels it's unsafe to shine she will begin to overthink, worry, and fear how she shows up in the world.
Forgetting to announce the book is done and the interview is live.
Choosing to focus on what's still on the to-do list rather than what's been checked off.
Many female entrepreneurs are subconsciously altering their behavior in an attempt to not attract too much attention to themselves, rather than focusing on allowing authenticity and magnetism to attract their ideal clients and community.
Women are afraid of being criticized, ostracized, and abandoned by other women for simply being who they are. This leads to quite the quantum when being who you are is simplest way to accelerate the growth of your business.
New research shows men are far more comfortable with self promotion than women are. Researchers found that men rate their own performance 33 percent higher than equally performing women. What we know is that self promotion pays off and this is where women are missing the boat.
The world needs more women to step into leadership roles and no longer be intimidated about creating six and seven figure careers.
Here are five ways to release the fear of being "too much":
1. Approve of yourself.
While it feels good to receive outside validation it will never be enough if you don't first appreciate yourself. The key to having a healthy support system is to make sure you are part of it. Being your biggest critic is what your mother's generation did. It's now time to be your biggest cheerleader. Becoming aware of self talk will reveal what belief is ready to be re-wired. Create a simply mantra that affirms how incredible capable you are.
2. Connect deeply to those you serve.
One powerful way to shift out of people pleasing behavior is to get clear on who actually matters to the wellbeing and success of your life and business. Leadership is not about being the most popular, instead it's a decision to be brave for those who can't be. Take a few minutes each day to visualize and meditate on those your business serves and supports. See your future clients moving toward you every time you choose to stand in your power and use your authentic voice.
3. Remember the legacy you wish to leave.
Having your life purpose and legacy in writing is one of the most transformational exercises you can do. Reading this often will keep you focused on what matters. Knowing what you wish to leave in the hearts of those you love most is incredibly grounding. You didn't come here to keep your mouth shut, dilute your truth, or dim your light-you came here to make a difference.
4. Forgive those who have been unsupportive in the past.
The past has a way of informing the future in a negative way when there is unresolved pain. Take a few minutes to get quiet and ask yourself who you have unforgiveness towards or maybe their name came to mind as you read this article. Listening to a forgiveness meditation or writing a letter to the person you are ready to forgive are both simple and effective ways to process and heal.
5. Be part a community of bright, successful women.
Meaningful relationships with others who have similar aspirations is what will keep you out of isolation and playing small. These connections can happen in a networking group, online community or a local Meetup. Thriving in every area of life is depend on you knowing where you belong and being celebrated there. Don't wait to be invited, go actively seek out people and places that support your dreams and desires.
6. Accept you can have it all.
Women have been fed a lie for generations that says, you can have love or money. Decide you can have it all and allow it to flow to you. You can have a successful career and an amazing mother. You can balance motherhood and loving marriage. Don't let anyone write the rules for you. This is the time to create the life you desire on your terms.
7. Celebrate everything!
The fastest way to leave the haters in the dust is to celebrate everything! At the end of each day lay in bed and recall the best moments. At the end of each week, publicly acknowledge and celebrate what's good in your life. Once a month, have a celebration dinner and share it with those who have helped you in the journey. If there's something good happening, talk about it with everyone who will listen!
May you be a woman who chooses to shine so that others may be reminded of all they can be and do.