Cleveland, OH, October 08, 2016 --(PR.com
)-- Momentum is the first stock and bond picking platform created for women. Spearheaded by Cynthia Chagin, CEO and Bradford Lohiser, CFP and CFO, Momentum uses algorithms drawn out of 28 years of financial advisory experience to tell clients exactly what stocks and bonds to buy.
"We created it for the average woman who is too busy or simply not interested in spending tens of hours learning about investing,"said Chagin.
At some point in their lives, 9 out of 10 women will be the sole financial decision maker in their household, yet the majority of women don’t invest.
Women, on average, live longer than men and may find themselves suddenly single through death or divorce and are faced with the challenge of how to invest. Confounded by unlimited choices and complicated jargon, as a result, most women do nothing.
Confusion and fear causes women to put most of their assets in savings accounts or CDs earning less than 1% interest instead of the S&P average of 10%. Add to the fact that women earn $.77 for every dollar men earn and they are running at the back of the pack.
Female investing platforms are increasingly popping up online, however, most target high net worth individuals. Momentum serves all investors regardless of portfolio size.
"Momentum helps everyone make money on their money, quickly and easily," said Chagin.