Money Talks: How to move from saving to investing

Women are more reluctant to move from saving to investing, but the rewards can be worth it

Investing in funds should form a a major part in your financial wellbeing.

I am a 45-year-old professional woman, invested in cash funds for both my pension and savings. I have never invested in the markets due to the horror stories I have heard about people losing out on shares and a total lack of understanding or interest in how the markets work. Now that fees and negative interest rates are eating more and more into my funds, I want to learn more and make a move into the markets to hopefully maximise my return — can you advise?

Various surveys carried out at HerMoney consistently find women save more but men are likely to invest more. Women are more reluctant to make the move from just merely saving to sensible investing. Investing in a well-balanced, diversified portfolio — whether it is a pension or savings policy — is essential and should form a major part of your financial wellbeing.