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Edition #36: Why Women Make Better Investors: Behavioral Investing Lessons We Can All Learn From
PLUS: ETFs Are Cheaper, Financial Competitions, Tax Havens, Crypto Corner, and Fly Now Pay Later.
Compliment of the Week: You invest like a woman.
This week we’ll dive into female vs male investors, PLUS: ETFs Are Cheaper, Financial Competitions, Tax Havens, Crypto Corner, and Fly Now Pay Later.
💁🏽♀️ Why women make better investors
Tons of research demonstrate the strength of female investors, but I’ll start with compelling research from Fidelity Investments that analyzed 5 million investors over the last decade.
On average, women outperformed men by 0.4%. This can seem minor, but the difference adds up over time in the hundreds of thousands of dollars over investing careers.
Women also put more money in retirement accounts like 401ks, and in general save more money.
The secret sauce to this outperformance? On average, female investors are…
- Less prone to overconfidence than men
- More passive investors / less active traders than men
