Why Women Make Great Investors (and How to Get Started)

Oh, how the times have changed! Financial freedom is just as important to women as it is to men. Now, women are breaking free from traditional roles and building wealth in record numbers across historically male-dominated spaces.

However, challenges remain prevalent. Between motherhood and careers, women often juggle multiple responsibilities, and they end up having to make major compromises to balance their commitments.

On the occasion of International Women’s Day, this blog will give you a much-needed push to start building your wealth (the smart way) along with some insights from our amazing women here at SmartCrowd!

Did you know…

Despite making their mark in every field imaginable, many capable women shy away from taking wealth creation to the next level through investing. In fact, did you know that only 32% of real estate investors are female?

As a real estate investment company, we want to empower everyone to reach their wealth potential. And that’s exactly what we’re all about, making real estate investment accessible and hassle-free for everyone!

Why Should Women Invest?

Put simply, women should invest simply because they can!

Investing is no longer just a man’s game. In fact, women should take the plunge more than men given they are notoriously paid less, take time out to care for their children, have less exposure to financial literacy, and live longer than men, the latter meaning that at some point they may have to manage their own finances alone. Factoring in all of that, women today are taking on more financial responsibilities than ever before.

Despite all this, financial matters still elude some women, and they are less likely to invest, keeping their assets in cash (with inflation just eating away at it!).?

How Women Excel In Investing

Though women invest less, they prove to be more successful investors by using the following behavioral traits to their advantage:

• Careful Money Management: Women are budget-savvy and responsible with finances, making them ideal investors.
• Risk Aversion: Women's cautious approach and patience lead to thorough research and less risky investments, promoting long-term stability.
• Long-Term Thinking: Women invest with a purpose, focusing on achieving financial goals for themselves and their families, as opposed to just the thrill of investing and chasing returns.

So, What's Holding Women Back??

Often, it's confidence. Here's how to overcome that hurdle:

• Educate Yourself: Build confidence through knowledge. Learn about investing basics, ask questions, and seek guidance from financial advisors.
• Start Early, Invest Regularly: Don't delay! Even small, consistent investments can grow significantly over time thanks to the power of compounding.
• Learn to Adapt: Investing is a lifelong journey. As you keep learning and staying informed, you can start to adapt your strategies to the market highs and lows.

Inspiration From Our Team:

At SmartCrowd, we're inspired by our female team members! Here's some advice they have for women on their journey toward success.

We asked them: “If you could offer one piece of advice to women on their journey to success, what would it be?”

Maleeha Murad, Product Manager: “Keep your head up and keep it moving, regardless of the industry that you're in - there will be a lot of forces that will try to dull your shine, invalidate your opinions, or just disregard your ideas, especially navigating your respective fields as a YOUNG woman. So, believe in your voice, continue to assert morals for the causes you believe in, and continue envisioning yourself in the success that you absolutely deserve!”

Ambreen Manzoor, Finance Director: "Do not let fear stop you from doing anything in your life. Things are not as scary as you think they are. Take a deep breath and go for it. Never be afraid of anyone or worry about what others will think about you. You have one life, so make the most of your life! Live the life you want to live, not the life you think that you are expected to live!"

Clarissa Batac, Operations Associate: "The only competition you have is yourself. Be courageous in speaking up and don't stress about things you can't control."

Lara Elcheik, Marketing & Communications Manager: “Balancing a career and motherhood is a superpower, and I've come to realize that with enough determination and support, we can do absolutely anything and everything. Remember, your journey is yours and no one can take that away from you. I now embrace the challenges, celebrate the wins (no matter how small), and the endless possibilities that lie ahead - and I encourage you to do the very same!”

Ayesha Rehman, Performance Marketing Specialist: “Never doubt your abilities. You’re more than capable of achieving your goals and dreams. You have been training for it just as much as anyone so don’t let anyone tell you otherwise. Keep aiming high! The sky is the horizon!”

Keyleigh Magee, Client Relations Executive: “Embracing challenges and being willing to learn will help you succeed anywhere! Confidence in yourself and your abilities makes others confident in you. Never stop striving to realise your full potential!”

Joudi Kriem, Junior UI/UX Designer: “Anticipate challenges, doubts from others, and periods of loneliness, but always rely on your own strength and trust in your abilities and aspirations. Keep envisioning your dreams and pushing yourself to pursue them, regardless of the hardships that lie ahead. Remember, nothing is beyond your reach, and you have the capacity to accomplish it all independently.”

Wrapping Up

Women are generally more critical, patient, and efficient. However, there is no rule of thumb when it comes to investing as it’s a unique, individualistic journey with a range of hurdles and commitments along the way. This, ultimately, is what drives women towards more meaningful investing.

By continuing to prove and improve themselves, the future of women in investing is shifting entirely. Women are now taking charge of big financial decisions more than ever by laying a strong foundation for themselves to achieve financial freedom sooner. Still, there’s always room for growth!

Remember, as a woman, you have all the power to be a smart and successful investor. We hope that this International Women’s Day, more women empower themselves by taking their financial freedom and future into their own hands. ??

Not sure where to begin? Get started with us!

SmartCrowd is MENA's first regulated real estate investment platform giving you hassle-free digital access to Dubai real estate! The best part is that you can invest in our carefully vetted properties from anywhere, at any time. Oh, and we've also got an unmatched track record, proven by our 20+ exits with exceptional returns to our investors!

So, to celebrate International Women's Day, we're offering you a chance to invest for?FREE?by waiving our 1.5% Entry Fee on your investment. Simply use promo code:?IWD24?at checkout, and you're all set!

Disclaimer: This blog is intended solely for educational purposes and shouldn’t be treated as financial advice. We suggest you always conduct thorough research, perform your own due diligence, and consult with financial advisors to assess any real estate property against your own financial goals