Money management and being a smart investor are still not given due recognition as being feminine traits. But products, portfolios and communication strategies are b.
2 CEOs Who Share a Trait That Could Make You Rich Over the Long Term fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
The Berkshire Hathaway chairman and chief executive believes in long-term value investing and the power of compounding growth, investing in only what he understands and says excessive portfolio diversification can be dangerous. The Oracle of Omaha advises investors to stay the course and focus on fundamentals, as well as putting money into passive index funds. It is these traits that women also display when investing, according to financial experts.
“Female investors are often more risk-averse than men. They are more comfortable with – and like the idea of – investing for long-term success rather than seeking out high-risk, short-term strategies,” Carol Glynn, founder of Conscious Finance Coaching, says.