Want to "Invest", but Fear of Loss

Written By Unknown on Thursday, March 10, 2011 | 10:52 PM


Fear of loss is also not the only reason for them. "Afraid that they used, or afraid of making investment mistakes," said Richard Kahler, a financial planner from Kahler Financial Group.

In fact, there are also fears of things before they know will happen. Because, according to research from Prudential Financial, one of the two women feel less understand what it is stocks, bonds, or mutual funds.

Changing ways of thinking
If lack of knowledge is the reason you feel scared, sure you can handle it by looking for lots of information. Whether it be from books, magazines, internet, or attend a workshop on investment. When you're more confident, and feel ready to explore any investment, you can consult a financial planner first.

Financial planner will help you develop comprehensive strategies, including understanding the risks. Once you get feedback like this, you will be better able to determine the type of investment appropriate to your condition, according to Karen Lawrence-Webster, financial practitioners and divisional vice president of Axa Professionals.

The first step to overcoming fear to invest is to change the way you think about it. Investment is basically to make money working after you choose a suitable product, and decide the level of risk you are willing to accept.

"Every investment must have a risk. Women should be aware of risk tolerance as well as tolerance of the money back. Financial activity you definitely will require the allocation of assets, that is how you invest your funds for stocks, bonds or money markets, "said Lawrence-Webster.

All you need to know, the best asset allocation will not protect you from losses periodically. On the bright side, it will help you more closely in decision-making process.

For that, you need to take small steps first. Begin, for example, by investing in mutual funds. Follow the rise and fall of such activity for several months, before being handed over more money to invest.

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