Enough mansplaining: women tackle gender investment gap

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

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

“For the novice, it’s really intimidating,” said Pamela Sams, a financial advisor in Herndon, Virginia, who hosts regular group meetings for women like Packard who want to better manage their finances and investments.“I’ll see a word I don’t know, so I look it up. But then there’s another word I don’t understand. Suddenly I’m four definitions deep, and I’m tired and discouraged,” she said. “I wanted to be among women.”“Women need a safe space to really find out about these things,” she said.

True and Packard are far from alone: only 27% of women feel their education prepared them to manage their own finances , according to the Acorns study. “Not that there’s any real chance of loss, but it’s such a large quantity of money!” she said. “So I feel overly cautious.”While this attitude can actually make them better investors – women outperformed men by 0.4 percentage points, in a Fidelity client data analysis for instance – it can also be what holds them back.While Handler is starting relatively early, a reluctance to invest can have heavy costs.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 5. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Malaysia maintains pole position in global Islamic capital marketMalaysia's Islamic capital market is valued at RM1.88 trillion at the end of 2018, constituting 61% of the local capital market.
Herkunft: fmtoday - 🏆 5. / 72 Weiterlesen »