FEEDAccording to the article below, women should learn to invest whether you want to or not. You never know when that responsibility may get dumped in your lap.
source: Boston Globe
by Linda Stern
As the French like to say (though they say it in French): The more things change, the more they remain the same. And so it goes. Women today are more likely to work than not; they stand a decent chance of outearning their husbands, and they occupy some of the biggest corner and political offices in America. But . . . on average, they have less, earn less, invest less, and end their lives poorer than do men.
The most recent data show that women’s salaries have stopped growing, in relation to men’s salaries. College-educated women between 36 and 45 earn 74.7 cents for every dollar their male counterparts make, according to the Economic Policy Institute. That’s a penny less than it was 10 years ago.
Why should this be, when women are almost 30 percent more likely than men to go to college, when all doors are open to them? It’s not because women are less smart or less skilled at investing. Surveys done by the umbrella group of investment clubs, BetterInvesting.org, have demonstrated that their female-only clubs outperform their male-only clubs.
I couldn’t agree more; I also think it’s an issue of confidence. I know many women who are good at daily budgeting and saving but get intimidated by investing, instead relying on their husband or financial advisor to make the decisions for them.
There is no Prince Charming. As a woman you need to take the initiative and start being a partner in your marriage financially, regardless of who is bringing in the income.
To piggyback off of finance girl.
Most women are scared to invest in stocks, mutual funds, etc. They are more secure with money in the bank and nowhere else.
Women are not risk takers, Most men are.
For women that may be a bit intimidated by all this money talk, there’s a great new book out called Women, Get Answers About Your Money by Carolyn Castleberry, which gives advice and definitions about all things money. A must read for women of all ages and status.