English
Back
Download
Log in to access Online Inquiry
Back to the Top
International Women's Day 2023: Women's financial progress with moomoo
Views 18K Contents 44

Women are better investors

I read an interesting article and can't wait to share with all - "Are women better investors?" Since started learning investing 2½ years ago, many resources has pointed that the statement is true to in many aspects. I quote from the article 5 reasons why this is so:
Outperformance
A 2021 analysis by Fidelity of over 5 million customer accounts showed that women outperform men by an average of 40 basis points annually, or 0.4 percent, from 2011-2020.
Stay Humble
Overconfidence leads some men to trade in excess, while women hold back (stay humble). A study by University of California-Berkeley found that men traded 45 percent more than women did. The study states that in areas such as finance, men are more overconfident than women.
Invest with purpose
A 2019 Money Crashers survey found that almost half (49 percent) of women rated a company’s social mission as extremely or very important to them, compared to just 29 percent of men.
Showed more discipline
In a 2021 investor survey, Wells Fargo found that women tended to have a more disciplined approach to investing that may have helped them achieve better risk-adjusted returns.
Took the right kind of risks
Wells Fargo’s study also stated that women are more risk-averse than men, but that it did not translate to lower returns. Their study actually found women achieved similar returns to men while taking significantly less investment risks.
Bottom line
The above is not about stereotyping gender. The correct attitude is to learn from each other their strength in investing or running a business. I also hope the article can encourage more people (man or woman) to come forward to learn investing and share their experience.
I would also like to highlight a woman investor @MooMamaLlama (her name is Sera) who inspired me. She raised 4 lovely daughters and self-learned investing. You can read her story by clicking the link below:
Women are better investors
Women are better investors
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
1
1
5
+0
1
Translate
Report
5110 Views
Comment
Sign in to post a comment
  • MooMamaLlama : I think I read the same article, same title  😃
    Thank you for the mention! [undefined]I'm grateful for all your support 🙏 and to hopefully inspire women of all ages, anyone with a non traditional job, or those who've never thought about it, to get into their own finances!!  and Moo is a great way to learn properly [undefined]
    especially with those like yourself who put alot of time into making great posts, that are informative and easy to understand,  that all Mooers can benefit from. Above being great example [undefined][undefined][undefined]

avatar
ZnWC
Moo Contributor
I reflect trading experience by writing journals. My posts and comments are for education purpose not financial advice.
3607
Followers
107
Following
13K
Visitors
Follow
Discussing
Trump 2.0 Era: How will global markets evolve?
🎙️Discussion: 1. How will tariff policies affect the movement of key assets such as U.S. stocks, gold, and Bitcoin? 2. Given this context, Show More