Move over, Wall Street! Women are taking the investment world by storm, and a recent study reveals some fascinating insights into why. Here’s why women are excelling in investing, and how you can join the wave of financial empowerment.

Ladies Who Lunch (and Invest):

The study shows that women are actively involved in managing their money. A whopping 68% invest at least once a month, with over 42% diligently monitoring their accounts weekly [1]. This proactive approach translates to nearly 1 in 5 women having a clear grasp of their investment value at any given time.

Balancing Caution and Growth:

Interestingly, women tend to favour traditional options like savings accounts and Cash ISAs (35%). However, this doesn’t mean they shy away from growth opportunities. A commendable 85% adopt a balanced approach, with a majority opting for medium or low-risk strategies. This cautious yet strategic approach might explain why research suggests women often outperform men in the long run!

Breaking Down Barriers:

Despite their enthusiasm, many women (37%) still don’t invest. The reasons? Lack of disposable income (45%), fear of risk (18%), and concerns about complexity (10%) all play a role. Here’s how to overcome these hurdles:

• Financial Literacy is Key: Understanding investment basics empowers you to make informed decisions.
• Set SMART Goals: Define your financial aspirations – a dream vacation, retirement planning, or a child’s education. These goals will guide your investment strategy.
• Build an Emergency Fund: Life throws curveballs. Having a safety net (3-6 months of living expenses) ensures you don’t have to tap into investments during emergencies.
• Embrace Diversification: Don’t put all your eggs in one basket! Spread your investments across various assets to minimise risk.
• Stay Informed, Stay Adaptable: Keep an eye on market trends and adjust your portfolio as needed to stay on track with your goals.

Ready to Take Charge?

Investing can be a powerful tool for financial security and achieving your dreams. We’re here to help! (link in bio) offers personalised guidance and support to empower you on your investment journey. Take control of your financial future – the time to start is now!

Source data:

[1] Research conducted by Censuswide between 10–12 January 2024 of 2,003 general consumers, aged 16+, national representative sample. Censuswide abide by and employ members of the Market Research Society which is based on the ESOMAR principles.

Disclaimer:

THIS ARTICLE DOES NOT CONSTITUTE TAX OR LEGAL ADVICE AND SHOULD NOT BE RELIED UPON AS SUCH. TAX TREATMENT DEPENDS ON THE INDIVIDUAL CIRCUMSTANCES OF EACH CLIENT AND MAY BE SUBJECT TO CHANGE IN THE FUTURE. FOR GUIDANCE, SEEK PROFESSIONAL ADVICE. THE VALUE OF YOUR INVESTMENTS CAN GO DOWN AS WELL AS UP, AND YOU MAY GET BACK LESS THAN YOU INVESTED. THE TAX TREATMENT IS DEPENDENT ON INDIVIDUAL CIRCUMSTANCES AND MAY BE SUBJECT TO CHANGE IN FUTURE.