As every husband knows, women are definitely the smarter gender. Years ago, I studied some research that showed all-female investment clubs signficiantly out-performed all male investment clubs. That difference was attributed to overly-confident males who make investment decisions too quickly.
Last night, I was studying some more research that showed women are less likely to sell. A study of single-party investment accounts at a discount broker showed men have an annual turnover rate in their portfolios of 77%, compared to only 53% in the portfolios of women. In other words, women are more likely to study a stock longer before buying it and then stick with it during downtowns. Again, women showed higher investment returns than men.
Now, what would your mother say about this research?
Last night, I was studying some more research that showed women are less likely to sell. A study of single-party investment accounts at a discount broker showed men have an annual turnover rate in their portfolios of 77%, compared to only 53% in the portfolios of women. In other words, women are more likely to study a stock longer before buying it and then stick with it during downtowns. Again, women showed higher investment returns than men.
Now, what would your mother say about this research?
