Motley Fool Money Yes, Women Make Better Investors Than Men
May 29, 2022
Explore how women's unique challenges in investing, like the wage gap and longevity, shape their financial journeys. Conversations with Sallie Krawcheck spotlight innovative tools designed to empower women investors. Kathryn Tuggle discusses changing stereotypes and building investment confidence among women. The dialogue touches on the importance of aligning investments with personal values and social impact, challenging traditional strategies. Overall, it's about fostering financial literacy and embracing a more inclusive investment landscape.
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Women's Investing Challenges
- Women are less confident investors due to societal messaging emphasizing scarcity and perfectionism.
- This, combined with the gender pay gap and career breaks, necessitates a different investment approach.
Zoom Call Reality Check
- Sallie Krawcheck questioned a colleague's obliviousness to pandemic setbacks for women.
- He'd thought working from home was helpful until she pointed out the childcare burdens on women during Zoom calls.
Take Charge of Your Finances
- Women should understand their finances and avoid outsourcing financial decisions, as 80% die single.
- Many women experience negative surprises upon inheriting finances due to this lack of involvement.
