women and investing statistics
Did you know?
⚫ Women lack investing confidence: only 9% of women think they make better investors than men.
⚪ If given $25,000 to invest in the stock market today, 47% say they would know what steps to take.
⚫ Women tend to invest more conservatively.
⚪ The average woman keeps 68% of her portfolio in cash, compared to 59% of the average man's portfolio.
⚫ Only 1/3 of women see themselves as investors.
⚪ 42% feel confident in their ability to save for the long term, including retirement.
⚪ 33% feel confident in their ability make investment decisions.
⚪ 35% feel confident their non-retirement savings are invested appropriately.
⚪ 14% of women say they know a lot about saving and investing.
⚫ 7-in-10 women (69%) wish they had started investing their extra savings earlier.
⚫ Women earn close to 20% less than men. Women are also more likely to leave the workforce to care for family.
⚪ Less income means less money to invest for a higher return.
❗It is important for women to care about the importance of investing in the event of death, divorce or illness of the husband, so they can take charge of the household financial affaires and not fall into debt.
Source: fool.com, fidelity.com
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