But during the financial crisis, the Vanguard study showed, men were more likely than women to trade — and to do so at the wrong times.
Women have also been shown to be more risk-averse than men. In portfolio selection, women tend to have a greater preference for fixed-income investments. That could cause their portfolio returns to lag over the long run, assuming that stocks outperform bonds — though in a shaky market like the one of the last decade, this greater caution might be beneficial.
This is called risk tolerance balancing.It sounds to me like what they are saying, is that men are more likely to overestimate their risk tolerance, and women are more likely to underestimate theirs. Perhaps the best thing for married couples to do is to cooperate in developing an investing strategy.
It sounds to me like what they are saying, is that men are more likely to overestimate their risk tolerance, and women are more likely to underestimate theirs. ...
Of course, one interesting aspect of this article is the fact that, imo, most couples should come up with a mutual agreed upon philosophy and work together. So potentially you could combine the best of both worlds, eh?
IMO - Most people do not really understand the components of risk and what they really mean.
I was asleep in health class that day.Well, there does have to be a difference in men and women...otherwise it wouldn't be any fun....
Not Dr. Rich, but....
As a baby doctor, I have been asked some strange questions. Once, the father of twins (one girl, one boy) asked me if they were identical.
So what did you tell him?
Do they train you at medical school not to laugh at patients silly questions?
I am surprised that this actually made it into a newspaper, in the search for sensationalizing a story the media tends to forget this important caveat.Of course, gender generalizations must be taken with caution: they clearly don’t apply to all men or all women. “The differences among women and the differences among men are much greater than the differences between men and women,” he said.
Gender differences appear to extend to other financial behavior. For example, women who are C.E.O.’s and company directors tend to pay a lower premium in corporate takeovers, saving their shareholders a bundle, according to a 2008 study of mergers and acquisitions by Maurice D. Levi, Kai Li and Feng Zhang of the University of British Columbia. ]
I said there was this one little thing....had he changed their diapers yet?
Yeah, you have to keep a straight face and look respectful: they call it "professionalism".....but it makes for good stories in the cafeteria afterwards.....
Yep.We were discussing her incontinence, and the Dr suggested that mom she see a specialist who could help her with "coping strategies such as anticipatory voiding" . It took me a few seconds to figure out what that meant, and mom looked confused. So I said, "Oh you meaning peeing before she needs to"
Well yes, he said.
Man and I thought I was bad about complicating stuff unnecessarily.
I always thought it was one of those macho-dominated society things. The guys do plenty of stealing and scamming, but compared to their women folk it's like a hobby or something.Leonidas could probably shed tons of light on this particular subject.
And then they have 20 variations of the word "piss" to mean everything except urination.... but there was a little problem in communication when he handed her a specimen cup and asked her to spend a penny...
Well, there does have to be a difference in men and women...otherwise it wouldn't be any fun....
My best friend is gay and the differences between he and I are why we've been best friends for over 20 years.Try explaining that to the gay community.
I always thought it was one of those macho-dominated society things. The guys do plenty of stealing and scamming, but compared to their women folk it's like a hobby or something.
And then they have 20 variations of the word "piss" to mean everything except urination.
At least he didn't ask her to "shoot a Yankee"...... but there was a little problem in communication when he handed her a specimen cup and asked her to spend a penny...