Women have lagged behind when it comes to participating in household finance, especially in investing. While the general belief, especially among men, is that women do not know how to invest, women are also not confident about their own financial skills. While women are better at saving, they are not very enthusiastic about investing because they do not know where or how to do it. So, should wives make the effort to learn about investing and take that responsibility? Yes, they should, and here’s why.

1. Women give better returns than men

Various studies have shown that portfolios of women investors give better returns than those of men. For example, according to a survey by ET Money, the findings of which were released in March this year, women investors have earned better returns than men every year from 2017 to 2020. In fact, during the pandemic in 2020, they registered 14% returns, while men generated only 11%. Not only in India, women have outperformed men in the US and UK as well. According to the 2021 Women and Investments Study by Fidelity in the US between 2011 and 2020, women’s returns were 40 basis points higher than men’s. According to another study conducted by Warwick Business School in 2018 among 2,800 investors, not only did women outperform the FTSE 100 over three years, but men outperformed too. While men’s annual returns were 0.14% higher than the FTSE 100, women’s annual returns were 1.94% higher.

2 By nature, they are better investors

Women are able to deliver better investment performance than their male counterparts, due to their distinctive behavioral traits. Compared to men, women tend to avoid taking more risks, trade less frequently, research more diligently, are more disciplined, and are not overconfident. So they tread with caution, investing more in mutual funds than stocks; Stay invested for a long period without frequent trades and switches; And are disciplined about their asset allocation without backlash or impulsive redemption. An analysis of the common stock investments of men and women in more than 35,000 households from 1991–1997 according to the University of California-Berkeley showed that men traded 45% more often than women, but women outperformed men by 0.94 per year. Performed better than %.

3 They are more likely to achieve the goal

If the wife invests, the husband can rest assured that all his financial goals will be met as women not only have an outcome-based approach to investing, but also a long-term approach. This means that since they focus on the financial goal rather than enjoying the thrill of investing, they invest in a way that helps them achieve the goals in the given time frame.

4 Financial Empowerment

One of the most important reasons for women to start investing is that it will help them become more involved and aware about the financial transactions of the home. In case of death or debilitating illness of the husband, the wife will not feel lost due to her ignorance or will not be forced to depend on others for financial guidance. She will not only be able to secure her financial future but will also be able to secure the future of her children without being cheated or indebted to others.

If you have the money write to us…
We all get into financial trouble when it comes to relationships. How do you say no to a friend who wants you to invest in his new business venture? Should you take a loan from your married brother? Are you worried about your wife’s impulsive purchases? If you have a concern that is difficult to resolve, write to us at etwealth@timesgroup.com with the subject ‘Wealth Vines’.

(Disclaimer: The advice in this column is not from a licensed healthcare professional and should not be construed as psychological counseling, therapy or medical advice. ET Wealth and the authors are not responsible for the outcome of the suggestions in the column will be.)

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