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The Feminvest network wants more women to start investing. According to the 2019 Euroclear report, just over 60 percent of Swedish shareholders are men, a figure that has been maintained throughout the 2010s.
In Expressen’s personal finance magazine, Dina Peng, Michaela Berglund, executive director of the business angel network Feminvest, points out some of the reasons why she looks this way.
– Women are more cautious and, on average, earn less than men. Wage differences become more obvious when we have children, when women’s wages tend to stagnate, Michaela Berglund tells program manager Ylva Johansson in this week’s “Your Money”.
Michaela Berglund has several tips for women who want to go public.
– Remember not to invest money that you cannot afford to waste. Read about the historical performance of stocks and funds that interest you. Learn to understand the company’s products or services and make sure you don’t overpay for the fund’s fees, she says.
According to Michaela Berglund, many people have a biased image that it takes a lot of money to start saving on the stock exchange.
– Investing a large amount at a time is not a good strategy. Better to split it over time to bring the ups and downs, she says.
In the show, Michaela Berglund explains simply how to get started, and you can see below.