In this podcast episode, I talk about reducing risk when investing. that men are typically more accepting of risk and more likely to invest than women. Providing you with real examples of women who have inherited or earned a significant amount of money but lack the knowledge of investing.
I explain that as a financial advisor, my role is to assess clients’ risk profiles and suggests ways of reducing risks. I also dive into the volatility of savings interest rates and how it affects investors’ returns, advising you on how to fix savings rates for money that may be needed in the next year or two, as I predict that the bank base rate will decrease in the next 12 months due to the expected reduction of inflation.