How Women Can Build their Wealth in the Stock Market?

In the past, it wasn’t uncommon for men to dominate the world of trading and investing. This held particularly true in the case of India where women were encouraged to stay at home and look after their families while men took on the role of being breadwinners.

Over the past 25 years or so, these roles have become antiquated. This has been spurred on by a number of factors that include but aren’t limited to the following.

Can Women Invest in Share Market?

These days when it comes to growth and investment then women are not left behind. They have set their foot along with men in almost every other sector.

 

So, if you are still wondering that can women invest in the share market, then the answer is YES. Not only they can invest but can create wealth out of it.

Well! there are many reasons behind this freedom of investment and how women in the stock market can use opportunities to create wealth in the share market.

• Economic Liberalization – The end of the 20th century witnessed India seek to expand the role of private and foreign investment and allowed for more market and service-oriented offerings.
• Education – Growing access to education with a rise in interest in higher education allowed for more individuals, including women, to acquire new interests, careers and expand their horizons.
• Changing Role of Women – Growing access to education and opportunities meant that women now had access to careers that stemmed beyond the previously stifling roles of office secretaries and nurses. Now, they were capable of entering different industrial sectors with greater ease.  
• The Democratization of the Internet – The rapid pace with which the internet is now available has meant that the dissemination of information is easier. The greater the information one has access to the more opportunities they can take advantage of. 

Each of these factors has allowed for women in India to gain more independence and take control of their lives with greater ease.

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Option for Women to Create Wealth In Stock Market 

An important aspect of being independent is being able to control one’s finances. Furthermore, the ability to grow one’s income is paramount as inflation causes the cost of living to rise with time. Therefore, being able to amass a nest egg for oneself and one’s family is crucial. Investing spare money is a viable means of doing so.

At Angel One, investors of all walks of life are encouraged to partake in investing their funds such that they can grow their holdings.

Recognizing the fact that the women of India might benefit from tailormade invand advice, the full-service financial company has now launched its own show on YouTube titled ‘Laxmi Mantra’. 

With women at the helm of the show, it seeks to impart financial literacy and advice aimed towards female viewers. What makes this video offering truly stand out is its ability to reach its female audience.

Special themes covered include but aren’t limited to investments for women and finance for women. Here, women are taught how to deal with and successfully overcome any debts they might have, what financial steps they must inculcate and how to deal with and avoid financial fraud. 

 While these topics can be applicable to men as well, they are oriented towards women as they are likely to have different perceptions of certain themes in comparison to men.

Take, for instance, whether or not women should buy or rent a house which is a theme covered by Angel One’s Laxmi Mantra. Single women often find a hard time renting accommodation for themselves despite there being no laws in place that prohibit the same.

With information imparted via the show, it is possible for women to make more informed decisions pertaining to their investments. 

 The Laxmi Mantra show by Angel One provides women of all ages with viable advice that they can use to their advantage. Young women, in particular, who are just starting out can benefit from the investment option in India recommended on the show. 

 It is important to always read the fine print, make comparisons with other investment options in the same asset classes and determine the interest rates applicable prior to making any investments. 

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Conclusion

Investing is challenging but not impossible. With the right mindset and knowledge, even women can achieve and create wealth with stock market investment.

So why wait for more, begin your journey now. Get in touch with us and we will help you in choosing the right broker and in opening a Demat account online.