News Formal

US women bridging investment gap through financial advisory groups

  • 📰 thenewpaper
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

WASHINGTON: As a professional woman in her late 30s, Ms Kate Packard was keen to start investing. Like many novices, her enthusiasm took a knock when she hit a wall of impenetrable jargon and was all but killed off by 'mansplaining' from the men around her. 'They'll be...

Confidence is key: 61 per cent of women in the Acorns study felt they had a low level of understanding when it came to investing, compared to 43 per cent of men.

Ms Sams started the group in October last year, including an online forum where members can post questions.Her experience has taught her many women are not comfortable handling longer-term investments, even if they feel fine managing daily finances. Ms Sheila Handler, a data and policy analyst in Washington, started looking into opening a market-linked retirement account in March and found herself ill-equipped.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Singapore housing market ranked 2nd most expensive in the worldThe Singapore housing market maintains its second place, averaging US$874,372 (US$1,063 per sq ft), and Shanghai is third at US$872,555 (US$714 per sq ft).
Source: IndependentSG - 🏆 2. / 72 Read more »