Investing is widely known as one of the most effective ways to build wealth. As Bill Gross once said –
“Finding the best person or the best organisation to invest your money is one of the most important financial decisions you’ll ever make.”
So, with that in mind, it’s easy to understand the benefits of investing your money if you want to improve your financial stability. It comes to little surprise then, that as women are becoming more and more financially independent and choosing to pursue higher-paying careers or start their own businesses, there’s been a noticeable rise in the number of female investors.
According to a 2018 study, when asked about what investments they had made, there was a slight difference between the number of women who had invested in property compared to men. 19% of men had claimed to have invested in property compared to 20% of women, suggesting females have a higher interest in the market. Similarly, research from a major property company in 2018 saw a significant rise in levels of interest from women, with a 172% year on year increase in online property searches. So why exactly are women choosing to invest in property more than they did in the past, and why should you do the same?
Why are women investing in property?
Times have changed in the last few decades. Gone are the days where every woman would stay at home with the kids while her husband headed to work and earned their sole income. While a lot of women are still happy to take care of household duties and look after their kids instead of pursuing a career, the majority of women are now a lot more career-minded than generations before them. Today, women are launching their own successful businesses and working high powered management roles, which has given them the financial ability to invest their money.
The benefits of property investment for women
You can reach financial goals more quickly
Saving for a new house? Or saving for a comfortable and lucrative retirement? Whatever your financial goal is, investing can help you reach it more quickly. The property market, in particular, is one of the best routes to take if you want to maximise your possible returns. This is because buy to let property investment offers not only one, but two types of return in the form of both rental returns and capital appreciation. Investments from a top UK property company, RWinvest, come with yields of up to 8% and strong growth prospects due to the prime location of their developments. If you have the money available to purchase an investment property, and you’re keen to catch up to your goals and build wealth, don’t hesitate to explore your options.
You can learn new skills
If you opt for a hands-on investment, in which you manage the property yourself, investing in buy to let can offer you a range of skills that can be useful in other industries. Some of the main skills that are acquired and built upon through property investment are planning and research, communication, money management, and critical thinking. By investing in property, not only will you be building your finances and gaining better financial independence, but you’ll also be broadening your skillset and possibly furthering your career in the process.
What are your thoughts on the rise of female investors? Are you a female investor yourself who wants to share some tips? Let us know in the comments!
Contributed posts are advertisements written by third parties who have paid Woman Around Town for publication.