It is no surprise that we often associate the financial world with men.
Though investments have been male-dominated for decades and the term ‘investors’ stereotypically meant men, the investment landscape has been significantly altered over the last few decades. The number of women investors has surged over the years.
What brought in this drift?
The younger generation has been leveraging their privilege of better education and re-regulating the authority to control the reins of finance. They have broken the shackles of inequality and injustice by learning the ropes of investing. Another reason for the upsurge in women investors is the pandemic. The pandemic was crushing. It reshaped how we used our money. Women who conventionally had a ring fence around their savings found investments as a means to making their money grow.
Though the tables are turning now, we are far from where we want to be. Out of 5 investors in India, only 1 is a woman.
Everybody should invest in securing their futures but there are specific reasons why women might want to focus on investing:
1. To Address Career Gaps
Did you know that a woman who stays at home misses up to 18 years of work? Career gaps can harm a woman’s career progression and earning potential. According to Women’s Policy Research, women who took a career break between 2005 and 2015 earned 51% less than men. This wage penalty can have long-term consequences for women’s financial security and retirement savings.
2. To Take Advantage of Compound Interest
One of the benefits of investing in the power of compound interest, which refers to the ability to earn interest on both the original investment and the accumulated interest. The earlier you start investing, the more time you have for your money to grow through compound interest. For example, if you invest $100 per month for 30 years at an annual return of 8%, you would end up with nearly $170,000.
3. To Close the Pay Gap
Narrowing the gender wealth gap is one of the key justifications for women investing. In the United States, one of the most industrialized countries, women are still paid just 77 cents for every dollar earned by males who work full-time. For women of color, this difference is considerably more significant.
4. To Take Control of their Financial Lives
Many women feel they have little control over their financial lives due to a lack of knowledge or because they may rely on others to manage their finances. Investing can be a way for women to take control of their financial lives and decide how to grow and manage their wealth.
5. To Secure their Financial Future
Investing can help women plan for their future by building a nest egg for retirement or other financial goals. According to a study by the National Institute on Retirement Security, women are at a greater risk of poverty in retirement due to a combination of factors, including the gender pay gap, longer life expectancy, and time spent out of the workforce for caregiving responsibilities. Investing can help women build a financial cushion to prepare for these challenges.
Financial empowerment for women is crucial for achieving gender equality and building a more equitable society. By investing, women can close the gender wealth gap, secure their financial futures, and take control of their financial lives.
Ashton Gray Development is a vertically integrated real estate investment and development company offering 18% annualized returns on investment for women with a minimum investment of just five lakhs. We have created a competitive advantage that yields higher returns for its investors. With its proven 100% return on capital track record, Ashton Gray is a private equity real estate leader.
Here are a few tips for women to get started with real estate investing:
- Educate yourself: It’s essential to have a good understanding of the real estate market and the legal and financial aspects of investing in real estate. Many resources, including books, online courses, and local real estate investment groups, can help you learn more about the industry.
- Have a clear investment strategy: Before you start investing, it’s important to have a clear idea of your goals and how real estate fits into your overall investment portfolio. Consider factors like your risk tolerance, the types of properties you want to invest in, and your expected returns.
- Network and seek mentorship: Building a network of other real estate professionals can be a valuable resource as you learn and grow as an investor. Consider seeking mentors who can offer guidance and support as you navigate the world of real estate investing.
- Diversify your portfolio: Diversifying your portfolio can help mitigate risk and increase the chances of success. Consider investing in various property types, such as residential, commercial, and vacation rentals, in different locations to spread out your risk.
- Stay organized and keep good records: Managing a real estate investment can be time-consuming, so it’s essential to stay organized and keep good records. This includes keeping track of income and expenses, maintaining accurate property records, and staying current on legal or financial requirements.
Reach out to us to get started with your real estate investment journey.
