Firstly, there is an information group on trading and investment, which undoubtedly unveils the mysteries of stocks and cryptocurrencies, and there is more to it for us. On the first day of Cosmo Careers 2023, Joey Dabit, the Chief Marketing Officer of Oman.

Marketing leaders have over 16 years of experience in this field, making her the perfect choice for the first group in the Universe Career 2023: Financial Feminism in the Digital Age, led by Milli Midwood, the head of young women's lifestyles at ITP Media Group.

Everything we learned about financial feminism from Joey Darbit in Oman

Economic equality between men and women

y Dabeet first introduced the financial equality between men and women in various industries to the audience. She talked about her regret for her financial situation, as she only started investing in stocks, ETFs or exchange traded funds, deposits, etc. in her thirties.

What is Amana and how does it help you take the first step towards investing?

Let's take a minute to reintroduce Amana, a multi in-one platform that can manage your financial investment portfolio across various investments. This application makes it easier for beginners to test investment waters and immediately become professionals, as it provides comprehensive tutorials for beginners and helps them learn quickly. We will check if there is suuure in Oman.

Joey Darbit

Who is managing the world? Girl.

Joy also enhanced our motivation to start investing because, according to her, women are better investors because we excel in achieving long-term success in the market and are more cautious when making risk decisions that yield returns. Now is the time for us to shine, girls.

Trading and Investment

The difference between trading and investment may seem too small for some people to notice, but it is important to understand this. In short, investing funds in assets or financial products that can bring you long-term profits is investment. Although investment is a long-term financial activity, trading is more short-term and active, focusing on rapidly developing markets.

Joey Darbit

Why is it fair to deposit money in a bank. Not enough.

Did you know that investing your savings in a regular bank hardly makes you any money? This is because inflation has led to a decrease in currency value, while in the United Arab Emirates, the inflation rate is currently 4.5% to 5%. Therefore, investing in bonds, ETFs, stocks, derivatives, and other financial products is wiser than depositing funds in banks.

Compound interest is great

Compound interest is the eighth wonder of the world, "Albert Einstein said, and Joy Dabeet repeated his words to the audience, telling us how compound interest can provide you with higher returns than your initial investment. Basically, it will double your money. Sounds good, right?!

Joey Darbit

Diversification is key

Don't put all your eggs in one basket, "said Joy Dabeet, discussing how important it is to invest in multiple assets instead of putting all your money in one asset. To illustrate this point, she delved into the discussion of ETFs. For simplicity, ETFs are collections of stocks from different companies that may fluctuate individually, but are balanced as a whole to minimize risk.

Do. Yours. Homework.

By the way, Joy has emphasized this multiple times. Check the P/E ratio of companies you are interested in investing in and observe their profits over the years. Start with what you know and invest in companies you trust. Read the news and keep it updated.

Joey Darbit

Start small

Confidence is good, but don't let it completely control your financial decisions. Starting from trying to trade, take on small risks and determine your risk appetite. Having said that, for all the reasons we discussed above, it is important to start early in your career, fail, and learn from your mistakes.