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When it comes to knowing how to invest money, studies repeatedly reveal that men know more than women.
Ever noticed that men have a greater tendency than women to say that they know about something when they don’t? This may account for some of the statistics in the studies that consistently show that men know more about investing than women.
On the other hand, women tend to downplay their knowledge about almost everything, including how to invest money.
This phenomenon is pointed out in an interview with wife.org Co-Founder Founder Candace Bahr in The Millionaire Corner.
Additionally, according to Bahr, when researching how to invest money, women tend to gather too much information, whereas men don’t. Bahr points out the difference in how women and men typically shop.
Great point!
Here’s the first excerpt from the article, which is packed with revealing information about women and investing.
When Candace Bahr hears about a new survey that found that the gender financial literacy gap is widening, she asks to hear the particulars before commenting. And when she hears the particulars, she laughs. Bahr, the managing partner of the Bahr Investment Group, is the co-founder of the Women’s Institute for Financial Education (yes, WIFE.org), a non-profit organization created to help women achieve financial independence.
Read more at Millionaire Corner…