INVTGEN050 The female investor (510 words)
INVTGEN050.docx
Description
Surprisingly, many women are retiring in poverty, but this may be about to change. This article discusses why female investors are quickly rising in numbers and how their portfolios tend to differ from their male counterparts.
Introduction
Investment and portfolio building has traditionally been a male-dominated world, but these days more women are trading on the market – and they’re good at it!
According to an ASX Australian Investor Study completed in 2020, women make up 42% of Australian investors, yet 45% of those only began investing in the year prior to 2020.
It’s intriguing that younger women – known as Next Generation Investors aged 18 - 25 – are taking up stock portfolios. Their goals include saving for a holiday (50%) or paying down existing debt (34%).
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