Type to search

Economic Development News

Women investors more disciplined and humble

Avatar photo

Female investors follow recommended investment principles more often than men, according to a new survey by the Wells Fargo Investment Institute.

The survey found that single women traded 27 percent less frequently than single men, possibly because men tend to be overconfident about their investment ability. The study said overconfident investors tend to believe they know more than they actually do, and that leads to frequent trading which exacts direct and indirect costs that can lessen returns.

Women have a more disciplined approach to investing that may contribute to their stronger risk-adjusted returns. Male investors tend to invest 100 percent of their accounts in stocks at least twice as often as women, and they are six times as likely to make massive allocation shifts, switching from 100 percent stocks to 100 percent bonds or vice versa.

Women, the study found, are more likely to seek education and advice from investment professionals.

Get the free DBT email newsletter  

Follow the people, companies and issues that matter most to business in Delaware.

You Might also Like

Leave a Comment

Your email address will not be published. Required fields are marked *

Premier Digital Partners

© 2024 Delaware Business Times

Flash Sale! Subscribe to Delaware Business Times and save 50%.

Limited time offer. New subscribers only.

Limited time offer. New subscribers only.


Subscribe to Delaware Business Times and save 50%