Why Women Make Good Investors
Research is beginning to reveal that women are outpacing men when it comes to their investment returns. Why? The research* suggests that:
men tend to view wealth as an opportunity to get rich, while women tend to see wealth as security and therefore are less inclined to take unnecessary risk
women are more likely to buy and hold as opposed to trying to time the market
women tend to be less over-confident and therefore less prone to excessive trading
women tend to be more rational and analytical than men when it comes to investing and therefore less likely to buy into a "hot" stock tip
women are more likely to seek advice
Even Warren Buffet, considered by many to be the most successful investor ever, is said to "invest like a girl." Watch the video above to see why.
In our opinion, women are simply expressing the investment philosophies that time and research have demonstrated to be successful. We strive to apply these same philosophies with everyone we work with.
Past performance is not a guarantee of future results. Diversification and asset allocation strategies do not assure profit or protect against loss.
* Barclays Wealth and Ledbury Research, 2012
Terrance Odean and Brad Barber, 2001