Fidelity Investments, an American financial services company based in Boston, has data proving that women are superior investors.
As surprising as it might sound and contrary to stereotypical belief, women are far superior when it comes to property investment. No, really — women are better investors.
And we’re not making this up: Fidelity Investments, an American financial services company based in Boston, has the data to prove it.
To be clear, investing is not just about the smarts; it’s also about how careful one is with one’s hard-earned money. Fidelity Investments’ data, which is based on more than eight million investment accounts, revealed that women not only save more than men (0.4%); their investments earn more annually, too (0.4%).
While 0.4% might seem negligible, a report by Reuters published in 2017 revealed that, if calculated over a lifetime of savings and investment, there is a significant disparity at retirement age between men and women.
Vicky How, an entrepreneur, couldn’t agree more. How made her first property investment at the young age of 24 and, today, runs Propedia Consultancy, a property firm in Kuala Lumpur.
“You don’t have to be smart to be an investor. You have to be calculative and, this, women are,” she said, adding that it is a myth that men are better at investing, and that women are typically conditioned to believe that they are ‘not smart enough’ to invest, thus leaving the investing to the men. She also advises women to start investing in property as early as they can.
Virata Thaivasigamony, spokesperson and director of CSI Prop, a property investment consultancy in Kuala Lumpur, said that more men are beginning to value their wives’ opinions in investment matters.
“Men are beginning to value women’s opinions even more in matters like investment because women tend to be more cautious and detailed in their approach, and that is a good counterbalance to the more ‘aggressive’ approach that men have. We see this happening with our clients very often — many of them make the decision to invest only after discussing with their spouses,” Virata said.
“The traditional roles of men only bringing in the bacon and women managing the home and kids, no longer apply today. So many women are out there in the forefront, in positions of leadership. Women are very capable and it’s amazing that more platforms have emerged for them to showcase their leadership and talents,” he added.
Tomorrow is International Women’s Day! Do you know an amazing, talented woman? Let her know what you think of her, or share it with us in the comments below!
Big on social media? Then use the #PressforProgress hashtag to motivate and unite friends, colleagues and whole communities to think, act and be gender inclusive.
Happy International Women’s Day in advance to all women in the world. Remember to wear purple! Women rock!
By Marzatul Ruslan
Source:
https://www.thestar.com.my/news/nation/2018/03/06/women-make-superior-investors/
https://www.internationalwomensday.com/Activity/11302/Take-ownership-of-purple-in-2018-Violet-is-Pantone-Color-of-the-Year
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CSI Prop proudly promotes international investment property with high yields at low risk. Our portfolio comprises residential and commercial property including student accommodation and carehomes, in cities across the United Kingdom (London, Luton, Manchester, Liverpool, Newcastle, York, Glasgow, Scotland; Sheffield, etc) and Australia (Melbourne, Perth, Brisbane). Our projects are concentrated in high-growth areas with great educational, infrastructural and job growth potentials. We aspire to make a difference in the lives of our clients by helping them achieve their investment goals through strong market research backed by third party experts.
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