Should Women Rule the Investment World?
On Tuesday evening, January 18th, at New York City's Cornell Club, Myron Kandel, one of the Founders of CNN, moderated a panel concerning which I sat, along following four added financial professionals. Our most vexing investigate: "Should Women Rule the Investment World?" I actually took the presumptive quirk in going into-and even though upon-the panel. I told my guests that the panel was called "Why Women Should Rule the (Investment) World." Because all of the data points in that position.
Consider:
For the first era in our nation's records, in 2010, women controlled the majority of our nation's loads. In fact, we warn 60% of it.
By 2030, 54.9% of all Boomers will be women.
We currently create occurring two-thirds of the workforce.
Women spent 81 cents of each and every one one of single one dollar.
80% of women will be responsible for every financial decisions in households.
o This supports a psychoanalysis done by Citibank which found that 73% of all full-become pass operational women see themselves as their associates's Chief Financial Officer, upsetting going on from seeing themselves as their intimates's "Chief Purchasing Officer."
Yet:
90% of women environment financially insecure.
50% terror losing it all and becoming a bag woman (and that includes 48% of all women earning at least $100,000 per year.)
Only 1 in 5 women entre the financial section of a newspaper (even though 3 in 5 men get your hands on.)
42% of women obtain not know what a mutual fund is.
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