Women are becoming more in-charge of their wealth, and many are taking on investment decisions as part of that role. But it can be a challenging combination to juggle other commitments such as work, childcare and family responsibilities while investing and growing their portfolio at the same time. Unfortunately, this combination often means women don’t have enough time to dedicate to investing as much as they would like.

Men tend to have a better grasp on investing, while women tend to seek professional financial advice even as novices. This can be beneficial since research indicates women tend to make less impulsive decisions in the market and focus more on long-term investments .

They are more inclined to consider alternative investments like private equity and hedge funds, which may provide higher returns and diversification. Furthermore, they’re more likely to take advantage of employer-sponsored retirement plans which enable them to save for the future.

Female investors tend to save more money and are more disciplined when managing their finances. Fidelity reports that female investors outperform men by 40 basis points (0.4%) on average, which could add up to tens of thousands of dollars over time.

A study3 revealed that women tend to feel uneasy about investing, perhaps due to messages they’ve been given from society or culture or simply due to having less knowledge on investing than men do.

Investing can be a complex subject that may seem intimidating to some, yet it’s an integral component of building a secure financial base. The aim is to accumulate assets that will last throughout your lifetime and beyond – especially as you approach retirement age.

It is essential to remember that investing always involves some level of risk. Although you should not be scared to take on some, too much could make returns more volatile and could ultimately result in a large loss.

As an investor, you can reduce the risks you face by working with a professional who understands your objectives and investment style. They will assist in creating a strategy that balances short- and long-term objectives while still taking into account market volatility.

They can also assist you in determining if your risk tolerance is suitable for your objectives. If you feel uneasy with a lot of market volatility, opt for more conservative investments such as cash and fixed-income securities rather than stocks.

A 2021 study3 revealed that women outperformed men by an average of 40 basis points over five years, potentially leading to significant savings and growth opportunities in the future.

Women should take responsibility for their financial situation and learn how to invest effectively. Having honest discussions about investing goals, as well as receiving investment advice from an experienced financial planner, can give women the assurance they need when beginning this journey. Furthermore, being supported in their struggles gives them the motivation and tools needed to move forward successfully.