It’s been nearly a decade since Kelly Jansen of Ottawa took her first tentative steps into the world of financial investment.
She was, at the time, admittedly cautious. Overly so.
Fresh out of a marriage where she took a backseat on financial matters, Jansen didn’t know how to build a portfolio, nor did she have much confidence in her ability to make the right decisions around money and her future. She tended to drift towards the safest options, earning the lowest returns.
“I just couldn’t imagine losing what I put into an investment,” Jansen, 49, said in an interview with Yahoo Canada Finance.
Sound familiar? If you are a woman, and a Canadian at that, chances are you share a similar attitude towards investing.
According to a global survey issued by the wealth-management firm BlackRock, women are far more cautious with their money compared to men, and Canadian women, in particular, are among the most risk-adverse investors in the world.
Among the survey’s findings:
- More than half (55