April has become my favorite month. April 1st is not only April Fool’s Day, but it’s also Merino Wealth’s Anniversary. This year we turned 3! In my line of work, I often see that businesses typically hit their stride in the 3-5 years range so it feels great to be on this side of things.
A lot has happened in these past three years. “MeToo” and “Timesup” have taken on new meanings while terms like Mansplaining and The Mental Load have helped to articulate things some of us have been feeling for years. We have a record number of women serving in Congress. And let’s not forget “The Year of the Woman!”
While a lot has changed during the past three years, some things have stayed the same:
Women are still 51% of the population, but only represent 4.8% of the S&P 500’s CEO positions.
The Gender Pay Gap is still going strong with all women earning $0.80 for every $1 a man makes. We’ll acknowledge this on April 2nd, 2019, which is Equal Pay Day.
And these numbers are still even worse for Black Women who earn $0.62 for every $1 and Latinas like myself who earn $0.54 for every $1 White Men make.
We’ve come a long way, but there’s more work to do!
Step #1. Educate Yourself: to help with this, I’ll be sharing information on our website (articles on the website) and Facebook page regarding women and their money in the coming months. We’ll be talking #metoo, mansplaining, and more! See below for resources including info on gender lens investing along with reasons to invest in women.
Step #2. Spread the Word: forward this newsletter on to at least one successful woman or an ally who should be educated when it comes to women and money. Tell them to subscribe below.
Cheers to what we achieve in the next 3 years!
The views expressed today are my own and do not necessarily represent the views of my broker-dealer, The Investment Center, Inc. or my Registered Investment Advisor, IC Advisory Services, Inc. The information contained is derived from sources believed to be accurate. However we do not guarantee its accuracy. The information contained is for general use and it is not intended to cover all aspects of a particular matter. Neither the information presented nor any opinion expressed constitutes a representation by us or a solicitation of the purchase or sale of any securities. The information contained is not appropriate, by itself, to guide investment decisions.
All Securities Offered Through The Investment Center, Inc. Member FINRA/SIPC. Advisory Services Provided Through IC Advisory Services, Inc. – An SEC Registered Investment Advisor. Jessica Merino is a registered representative of The Investment Center, Inc. Merino Wealth Management is not affiliated with The Investment Center, Inc. or IC Advisory Services, Inc.