Friends That Invest Debunking the Biggest Myths about Investing in the Stock Market!
15 snips
Aug 25, 2020 AI Snips
Chapters
Transcript
Episode notes
The Wealth Gap
- Women are less likely to invest, leading to a wealth gap.
- This gap creates a vicious cycle where women miss out on wealth generation opportunities.
Savings vs. Investing
- Women excel at saving but often lack the awareness and knowledge about investing.
- This lack of awareness can lead to missed opportunities for wealth growth.
Investing Knowledge Gap
- A 2018 New Zealand study revealed that only 35% of people understand investing.
- 72% perceive investing as risky, highlighting a knowledge gap as a barrier.