Women’s History Month

March 14, 2019

March is National Women’s History Month. So, in honor of that, I’d love to tell you about some female financial pioneers….in addition to mentioning that we have four female financial advisors on our team!

Abigail Adams

The wife of President John Adams, Abigail Adams, is credited with being the first female investor. Abigail managed her household’s finances while John Adams served in the Revolutionary War, as many women did. John encouraged Abigail to invest some money in farmland. She ignored that advice, and instead invested the money in government bonds. Good thing, because that investment earned them 18% interest every year. Way to get paid, Abigail!


Henrietta Green

Henrietta “Hetty” Green was commonly referred to as “the Witch of Wall Street.” She lived from 1834-1916 and her family made their money in whaling. She, too, took the Abigail Adams way of investing, and I truly love this part---sold the beautiful clothes that her dad gave her to attract a wealthy suitor, and instead put the money into government bonds. She ended up with a fortune worth more than $2 billion in today’s dollars.


Rosemary McFadden

Rosemary McFadden became the first woman to serve as president of any U.S.-based stock exchange. She served as the president of the New York Mercantile Exchange from 1984-1989.



Muriel Sibert

Muriel Siebert was the first woman to have a seat on the New York Stock Exchange in 1967. She is often referred to as “the First Woman of Finance.” One thing I like about her is that she donated millions of dollars to help other women start businesses.


If you would like to see more female financial pioneers, please click on this link. I hope you had a great International Women’s Day on March 8!

 

Any opinions are those of Jill Carr and not necessarily those of RJFS or Raymond James. The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete. Investing involves risk and investors may incur a profit or a loss. Past performance is not a guarantee of future results. Any information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation.

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