Do women get better returns on Financial Investments or men? I asked 20 people around me this question. 18 out of 20 people, from across the spectrum said….Men. Data tells us differently. Survey results released by ET Money on International Women’s Day:
- Women investors were found to be more disciplined while investing
- Better adherence to asset allocation, based on age than men
- Stick to a systematic investment plan better, as compared to men
- Over a 4 year period, women recorded better returns on investment than men
- In 2020, a challenging year for investors globally, women recorded returns of 14% on average while men recorded returns of 11%
A large percentage of women I know (including serious career women), shy away from handling their finances (me included, till a couple of years ago). This survey gives a clear reason why, we as women should step up and get involved in our financial planning. For me it was a little bit of a comfort zone to leave the stress to someone else. Once I started, I found it liberating. There was a sense of taking control.
I believe each of us should take up tasks based on our core competence but till we don’t try, how do we know how good we can be.
To all the super talented & intelligent women I know: stretch your comfort zone and step up!!!!!!