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women and money - All posts tagged women and money

  • Aug 15, 2011
    2:12 PM ET

    What Women Know About Money

    iStockphoto

    Want to know the secret to successful investing during turbulent times? Talk to a woman. Just don’t ask her for retirement advice.

    A number of recent studies reinforce the idea that women are superior investors. Earlier this summer, a Barclays Capital and Ledbury Research study found that women are more likely to make money in the market because they take fewer risks. Last week, a Merrill Lynch survey found that men speak with their financial adviser more frequently than women do, a difference that researchers attributed to women’s more thoughtful investment approach. And a survey of investment site Betterment.com users found that men were twice as likely to have withdrawn all their money from the market during last week’s volatility. “Women are more the set-it-and-forget-it investor,” says Betterment.com chief executive Jonathan Stein.

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