Overconfidence is bad, and women are less likely to fall victim to it.
, founder of Girls Who Code, gave on the topic. “Men are more comfortable making decisions without knowing everything,” she added.
Investing should not involve weird words or be complicated, though. Buy a few funds that grab every stock or bond in a particular market segment, take a reasonable amount of risk given your investment goals and time horizon, and thenThat last part is important, given that investing success has a lot to do with your behavior. You can learn the basics of investing in five minutes, but you need to keep your emotions in check for five decades or more to succeed.
Is there a risk of defaulting to stereotypes here? Sure. These are averages we’re talking about, and underconfident men and fearless women are all around us. Many young men hang on every word thatCertainly, a lack of fear and above-average greed can enrich lucky people of either gender who put all of their money in a bucket that contains just a handful of stocks that end up doing very well.
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