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Research on women and money shows that women measure investment results based on financial goals and men focus more on investment performance.
Mutual fund giant Vanguard found in a study about women and investing that almost 75% of women are dissatisfied with the financial services industry, and other studies show similar results.
Do you think men and women invest differently?
Do they focus on different financial goals and for different reasons?
Do women have different needs when it comes to investing money and working with financial advisors?
According to a recent Kiplinger Personal Finance article by Anne Kates Smith, many think that they do, and it’s a touchy topic. The article starts with a pretty funny and bold opening about breastfeeding….
Leave it to a man with a big case of foot-in-mouth disease to reignite the heated conversation about whether women can handle money as well as men. At a recent forum at the University of Virginia, hedge fund manager Paul Tudor Jones remarked that women traders lose focus after becoming mothers and breastfeeding their babies. A predictable flap ensued, and Jones backpedaled and then apologized.
Read the entire article on women and money here:
Do you focus more on reaching financial goals or measuring investment performance?
If you are married or have been married, did you and your man have different attitudes about investing money?
I’d love to hear in the comment section below…