Big money contest for International Women’s Day

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In any case, the title of the book is good: “Warren Buffett Invests Like a Girl: And Why You Should Too” It is the name of a work more than ten years old by louann loft Or in German: “Warren Buffett invests like a girl: And why should you too”. In the book, Lofton makes some comparisons among star investors. buffet (92) and the way women invest their money.

For example: Women do research longer before investing. And: They trade 45 percent less than men and are more willing to trade. market where prices fall Passing means more edgy, male investment, lower earnings and higher transaction costs.

Women get more profit

In 2021, a US study by Fidelity Investments confirmed these findings. A ten-year comparison showed that women were able to generate, on average, 0.4 percent more profit on their investments than men. 0.4 percent might not sound like much at first, but depending on the initial value, that’s already a nice amount.

But Fidelity research also reveals that women invest with less confidence than men (and perhaps that’s the secret of their success). Only 33 percent are confident in their abilities as investors. Also, only a third see themselves as people who invest their money.

The dilemma: the typical investor is male. But good investor makes according to these studies feminine.

That’s a lot of places”Monetary literacy» (English: general financial education) women’s improvement. Another: women deserve known they still have less than men, but a longer life expectancy. Therefore, finding a good retirement solution for old age is an even higher priority for them – because on average they have to live on less income for longer. A specific “general financial education” is much more important.

Source : Blick