Posted by Nancy Hecht, CFP®, AIF®
According to Fidelity Investments, female investors have outperformed male investors in the past decade. We are not selfish, so I will share with you some of the reasons why we invest better than our male counterparts.
We tend to be more patient than male investors. When investing, we tend to take a longer view of the goals. We will buy and hold a stock or mutual fund longer with the attitude of investment + saving for our families.
Because some of us are getting married later in life, getting divorced, or finding ourselves widowed at a young age, we can’t rely on guys to handle our finances. We will talk to people, seek out professional help, and read to learn what we need to know about investing.
We don’t outperform you by a lot year over year, but a win is a win!