Did you know that women earn higher returns on their investments than men? A 2017 study by Fidelity found that women outperformed men by 0.4 percentage points. Over time that can really add up.
"There are a few reasons why women investors tend to outperform men. In general, women take a more hands-off approach to investing, which allows their funds to gain a better return over time.
They’re also more cautious: Statistics show that men trade their stocks 45 percent more than women do. These differences are so well-documented that there’s even a book titled “Warren Buffett Invests Like A Girl: And Why You Should, Too.”
Taussig says that in her experience, women view money as a tool that they can use to accomplish their goals, while men tend to view investment as a game to be won."
Check out the article from HerMoney to learn more!