I’m a big believer of putting our money where our heart is. I find that in doing so, we experience much more meaning from the money we do spend and invest, which also helps us save more. We can do this by:
I attended an amazing luncheon last week where we had a conversation about women and investing. I had the great pleasure of meeting Sallie Krawcheck, Joe Keefe and other incredible people in the investment industry. I have been following Sallie and her career since she spoke at the Wharton Women conference when I was in college. I never forgot her speech because it was so honest, real and inspiring. Nothing has changed!
At the lunch we got to hear about a new way to invest in women: the Pax Ellevate Global Women’s Index Fund (PXWEX). This women’s index fund invests in companies that advance women’s leadership.
What does that mean exactly? Each company included in the index has at least two women on its Board of Directors. Companies are also rated based on other criteria including women in executive management, if they have a woman CEO / CFO and if they sign on to the Women’s Empowerment Principles.
Here’s the best part… Investing in women not only increases the number of women we see in the Board room and in executive management but we also get to make more money. Studies show that companies with greater gender diversity actually perform better. Here are some facts:
The research goes on and on.
I left the luncheon last week inspired and excited about the opportunity to invest my money in something that really matters to me, all the while earning a better return. If you are interested in aligning your values and your investments, stay tuned for more information on all the ways you can get involved. I am also going to bring some investment experts on as featured speakers during the Savvy Investor Course which launches on February 16th.