For many people, the stock market is too uncertain. They are afraid of losing their money. Blogger Chiara tells us how she convinced these people to take the risk anyway?
How do you convince people who have not yet dealt with the topic of finance?
Chiara Bachmann: I believe that people are fundamentally afraid of risk, especially in the capital market and with stocks, if they have not yet dealt with a topic. Speak when the knowledge is simply not there yet. I mean, you know that from many other areas. If you are not familiar with it yet, then you say: “Yes, I would rather keep my hands off it. I don’t really feel like doing it and I don’t know anything about it! With that comes the awareness of this whole topic. If you pursue a long-term strategy, the bottom line is that there is actually not that much risk involved.
Chiara Bachmann owns the Instagram channel “Fräulein Finance”. She wants to bring knowledge about finance to other young women. Your opinion: Every young woman can and should be financially independent. She also gives seminars for this.