According to long-term investment, "women are more likely to see a greater return than their male counterparts," according to recent findings from research from UK Yoppie research.
Based on sources from Forbes, the University of California, and Hargreaves, Yoppie found that "this average over-performance for women investors sits at an average of 0.8% a year."
Taken by the year, it doesn't seem like much. A 7% increase on £10,000 would represent a return of £10,700 versus £10,780.
"When viewed over a period of 30 years, the difference becomes far more significant, with the average female investor seeing a return of £95,184 – 25% more than the £76,123 seen by the average male investor."
What accounts for women being better investors, according to Yoppie?
- Planning. Women tend to plan differently from men.
- Female investors build financial plans based on their life goals versus investment performance.
- They're more conservative during fluctuating market conditions and hold onto their stocks for longer.
Read the Propert Investor Today article here.
