As a woman living in the 21st century, you have unique needs when it comes to your financial future. The days of investing being a man’s domain are long gone. Now, women control more of the total personal wealth in the USA than men, and nine out of ten women will manage their finances alone at some point in their lives. What Makes Women Good Investors?
Recent studies have shown that women possess characteristics ideally suited to sound long-term investing. A common trait that has been identified among investors worldwide is the tendency to buy or sell assets at the worst possible times in reaction to market booms or busts. Contrary to popular belief, this type of emotional decision making is much less prevalent among women. Women are more inclined to maintain an investment plan for the long haul, and are consequently more likely to achieve their long-term investment objectives. This is proof that women are distinctively suited to sound investing.
As investors, women have the ideal characteristics such as patience, the ability to retain focus on key objectives, being comfortable with a patient, long-term outlook, and spending the time to fully understand the type of investments available to them.
What Do Female Investors Focus On?
The investment focus is primarily on financial security and stability rather than men’s goals of trading and performance.
Did you know that women are likely to outlive their husbands by an average of 20 years?
Women’s share of the investment pie will continue to grow because of three reasons:
Education – women earn more university degrees, which generally leads to higher income. Businesses – women are starting new businesses faster than men. Inheritance – women live longer than men and therefore are more likely to inherit. Female Investors in the 21st Century
Increasingly, women are choosing to remain unmarried, are divorced or widowed, and thus are more likely to manage their own finances. Statistics show that women are more likely to outlive their husbands by an average of 20 years. Data from the US shows that the average age of widowhood is 60 and female life expectancy is over 80.
Teaming up with a Rutherford financial advisor will place any woman at a financial advantage with the distinctive edge to secure their and their family’s financial future.
Sources: Women as Investors - Vanguard 2015. InvestmentNews 2016.
Submitted February 20, 2017 at 04:27AM by Rutherford_Capital http://ift.tt/2me0SAN
