Women – Not willing to take the risk.
Men – Risk Takers
When asked if ambiguous information would reduce their confidence and raise their perception of risk. 92% of women said: YES compared to 69% of men.
Women – Children, Mortgage, Retirement
Men – Reach a goal, increase wealth.
Women Invest based on life events where as men are more driven by achieving a target or goal.
Women – Ask friends and family for help as well as seek an advisor.
Men – Do their own research.
63% of women choose to do their own investment research compared to 75% of men.
Women – Rational Decisions
Men – “Hot Tip” Decisions
Women tend to make more rational decisions than MEN who are more likely to invest on a whim or a hot trip.
Women – Not over-conident, don’t trade more than necessary.
Men – Over confident, trade frequently incurring charges.
Women are on average more successful investors their returns outpaced men’s by 1.4% annually.
47% of women are confident of their investment skills compared 61% of men. However, women are more inclined to make less risky investment decisions, and also to make better returns.
MORE WOMEN SHOULD BE INVESTING.
Infographic by rplan.