Investing rules for women: these tips will make your money grow.

Black EnterpriseVol. 40 Nbr. 8, March 2010

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WOMEN & MONEY [PART 2 OF A SERIES]

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Investing rules for women: these tips will make your money grow.

Sure, investing can be intimidating. And if you're averse to what can appear to be an endless stream of formulas, ratios, and financial jargon, now is the time to get over it. It's vital to begin investing as soon as you can to ensure a stable financial future. Women, especially, must invest early because they tend to live longer and therefore require more money to maintain their standard of living after retirement. Some 80% of women will die single whereas approximately 80% of men will die married, according to Women's Institute for a Secure Retirement. A married woman literally cannot afford to rely solely on her husband's earning power or retirement plan to sustain her through her retirement.

There are countless resources available to help you learn the fundamentals of investing. With the help of financial planners and investing experts, BLACK ENTERPRISE came up with a list of the top five investing rules for women.

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