RISE & Shine!

It’s Another Great Day To Learn About Investing

Picture This Scenario:

While attending an entrepreneurship event you meet Jane, an entrepreneur who presents you with an ingenious new idea. She has invented a new kind of wearable device that helps alleviate pain and symptoms for women during their menstrual cycle.

You immediately recognize this as a great idea, since it addresses a specific problem, has a strong target market, and nothing else like it exists on the market. Jane has developed a prototype, and everyone she's shown it to - including you - loves it! Women understand the need for this type of product.

How Can You Help?

Jane wants to start a company to produce and sell her product, but there's one problem: she needs money to cover manufacturing costs, marketing, hiring employees, and more. This is where you have the opportunity to come in and serve as an angel investor in Jane’s new company.

ANGEL INVESTING 101

An angel investor is someone who invests or finances a new business or idea. This person is called an "angel" because their money can seem like a blessing if you're a business owner in need of funding.

Two decades ago, only 5% of angel investors were women. Having women involved in investing is crucial as they help to create more opportunities for other women to enter the market. According to The American Angel, 51% of women place high importance on the gender of a company's founder when considering an investment, as compared to only 6% of men.

It's encouraging to note that the percentage of female angel investors climbed to 33.6% in 2021. However, we still have a long way to go in achieving gender equality in this space.

The presence of women angel investors opens the door for more women entrepreneurs that are looking to grow their businesses.

In addition to contributing your money, as an angel investor you can invest your time mentoring and giving advice to other women in your industry. By using your network, you help create industry connections, sparking a chain reaction encouraging more women to invest.

UPCOMING EVENT

Investing With Purpose:
Make An Impact While Building Wealth

JULY 26, 2023 | 11 AM MST

Join R.I.S.E. The Movement’s Chief Empowerment Officer Tanaha Hairston as she discusses how to invest your money in a purpose-driven way that positively impacts your personal wealth, and the community of women around you.

Click Here To Register!

FINANCE IN THE NEWS

Inflation Falls 1% in June, Still 1% Too High

Inflation has reached its lowest point in two years, dropping to 3% in June, a full percentage point lower from May, but still over the Fed’s target rate of 2%. Economists hope that if inflation continues to slow, the Fed’s rate hike in July will hopefully be the last.

Where should you expect to see this impact? The first place you may notice the drop in inflation is in the grocery store, as milk has fallen to $3.50 a gallon compared to its $5 peak in 2022. Both new and used car prices are also on the decline, however car insurance remains 17% more expensive than it was last year.

“Financial States of America”

A recent study conducted by Northwestern Mutual revealed that the average personal debt, excluding mortgages, of Americans stands at $21,800. At first glance, this data appears promising, especially when you see the average debt per person in 2019 was $29,800. However, a closer look at this debt paints a different picture.

It may surprise you that student loans rank 5th in terms of major debt sources. It’s perhaps less surprising to find that credit cards top the list as the principal source of personal debt for a majority of Americans. For those burdened with personal debt, they report that 30% of their monthly income is dedicated to paying it off, and most anticipate that it will take several years to become debt-free.

Next Week’s Sneak Peek:

Now that you have a better understanding of what angel investing entails, keep an eye out for next week’s newsletter which will cover your options for how to get started in angel investing, from taking a DIY approach to joining an Angel Group!

@risethemovement

www.risethemovement.com

Regardless of whether you are scared to take the first step or you are ready to dive right in, there's an Investment strategy perfectly suited for you.

At R.I.S.E we are committed to guiding and supporting women investors at every stage of their investment journey because we believe the key to success lies in education and informed decision-making

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