Like A Boss: 42% of Female Investors Started During the Pandemic

While the Covid-19 pandemic felt like a hot turd on a sidewalk for many, a large number of women decided to turn poop into prosperity ๐Ÿ’ฉ๐Ÿ‘‰๐Ÿ’ฒ

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A new survey indicates that two out of every five female investors got started within the last two years.ย 

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Women have been on an upward financial trajectory for a while now and the ball started rolling well before the pandemic started.ย ย 

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Hereโ€™s Five Fast Facts on what women are up to with money:

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  1. ๐Ÿ’ธ Outside the Box: Women are saving for more than just retirement. 67% of surveyed ladies said they were exploring other investment options outside of just the simple saving for retirement. Thatโ€™s compared to just 42% in 2018.
  2. ๐Ÿ“ˆ Hold On Tight: 50% of the women surveyed said they planned on holding onto their investments for six years or more.
  3. ๐Ÿ’„ She's Confident: Another survey shows that 79% of women say they're sure they'll achieve their financial goals based on their current investment strategy.ย 
  4. ๐Ÿ‘ฏ Who Run the World?: By 2030, women are expected to control most of the $30 trillion in assets owned by baby boomers.
  5. ๐Ÿ‘ธ๐Ÿ‘พ Crypto Queens: Research from a major cryptocurrency platform revealed the number of new female investors jumped by 126% in 2021, compared to just 86% of males.

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๐Ÿ”ฅBottom line: Women are now more influential than ever and the playing fields keep getting leveled. Despite the pandemic's setbacks, women are claiming their economic power and taking charge of their personal finances. And hopefully buying a few designer bags along the way.

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Ladies: did you start investing during the pandemic? Let us know by connecting with us on Social Media and be sure to share this newsletter with any friends & coworkers!

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