About Us FAQs
Q:What is the philosophy behind The Women‘s Investment Club?
Q:What is the mission of The Women‘s Investment Club?
Q:Why is investment education important for women?
Q:Who runs The Women‘s Investment Club?
Q:When was WIC started?
Q:What has the Club achieved so far?
Q:Why is The Women‘s Investment Club run as a for-profit venture?
Q:Does The Women‘s Investment Club operate along the lines of a traditional investment club?
Q:Is The Women‘s Investment Club only for women?
Q:What does the logo of the club signify?
Q:Does The Women‘s Investment Club invest on behalf of it‘s members?
Q:Does The Women‘s Investment Club offer financial advice?
What is the philosophy behind The Women‘s Investment Club?
The Women‘s Investment Club has been started with the intent of equipping women with skills to improve their income generating capacity through investing. We believe by offering a simulation of the investment experience, we can provide our members with the practical know how that they can use in real situations. Also with more knowledge about personal finance & money management, women can learn skills in keeping their money too. They can learn to ask the right questions and know where to find the answers. Our goal is provide our members non-formal and non-transactional learning environments based on equality.
What is the mission of The Women‘s Investment Club?
The Women‘s Investment Club aims to assist atleast 5000 women by 2030 in achieving financial independence. We believe that if these women are given the support & take the right steps towards financial independence, they could be in successful in avoiding the pension and be self-funded during their retirement. Women need to take the tiny step now to plan for their future. We aim to seek the support of the governement and the private sector in achieving our mission.
Why is investment education important for women?
Women more than men need investment education because of one of the following reasons:
- Pensions may /may not disappear in a couple of decades or sooner
- Women retire on less compared to men hence they have a skill gap for being able create wealth through investing.
- Know- how of personal finance (tax & super) and money management are critical life skills.
- Women prefer to leave investment decisions to men and fail to acquire critical skills and knowhow for building income.
- Investment know already available in the market place can be expensive or not so practical.
- Education is more important than money – if you are prepared opportunities will come to you.
Who runs The Women‘s Investment Club?
www.thewomensinvestmentclub.com.au is run by an independent company called The Investment Circle Pty Ltd. This is a for-profit registered company ACN no: 141 160 385 .The Investment Circle Pty Ltd is Australian owned and run. Meena Wahi is the Founder & Director of the Women‘s Investment Club. She holds Masters in Business Administration (MBA) from Monash University.
When was WIC started?
WIC was started in May 2010.
What has the Club achieved so far?
The Women‘s Investment Club has had some proud achievements. You can read about the highlights of our acheivement since 2010 by clicking on this link - Our Achievements
Why is The Women‘s Investment Club run as a for- profit venture?
We belive that profit or money is a noble intent. The Women‘s Investment Club is a community based for profit venture. We want to proclaim that in order to make profit companies shall have to take the benefit of the communities into account. This makes us a NEO- Capitalist organisation where the capitalist agenda of profit is tied with the benefit of the society.
Does The Women‘s Investment Club operate along the lines of an investment club?
The concept of an investment club has existed for a long time. The Women‘s Investment Club works on the principle of a self-directed club investment club. A self-directed club is where members come together with the explicit agenda to learn and share, but make their investments decisions independently.
Is The Women‘s Investment Club only for women?
No, The Women‘s Investment Club is not for women only. The club encourages learning based on sharing and support. We believe this is how women prefer to learn. We welcome men to join the club as long as they subscribe to the same style of learning.
What does the logo of the club signify?
The figures holding each other‘s hands in the logo emphasize our desire to support each other and learn in group settings. The middle section of the logo represents a round table. Most of our activities are based around the concept of the round table that underlines the message of learning environments based on equality.
Does The Women‘s Investment Club invest on behalf of its members?
No, The Women‘s Investment Club does not invest on behalf of it‘s members. The Women‘s Investment Club is a self-directed club that only offers learning opportunities. The Women‘s Investment Club is not a channel for collective investing by the members.
Does The Women‘s Investment Club offer financial advice?
The club does not offer financial advice. All content on the website www.thewomensinvestmentclub.com.au is of general nature only. Members and Visitors seeking financial advice must consult professional financial advisors. Please refer to our terms and conditions and our disclaimer on this topic.