Men and women may be just as likely to expose themselves to risky bets, but women are more tolerant of the highs and lows that come with being an investor.
When it comes to investing, the overwhelming narrative is that men have more of an appetite for risk than women. But, men and women are equally risk-taking with their portfolios, according to a new report from financial investment app Stash.
Stash, which lets users invest in ETFs and individual stocks, analyzed self-reported data from 640,000 of its 2.5 million users. Ninety percent of female users identified as having a low or medium risk tolerance.
Though the vast majority of women don’t believe they are risk takers, their behavior indicates otherwise. In reality, when it comes to investing, men and women act practically the same, according to the report.
Both men and women hold an average of five different investments in their portfolio. About 50% of women have invested in higher-risk investments like stocks or ‘aggressive’ ETFs, just like men.
The specific breakdown of portfolios looks very similar for both men and women. Females have, on average, 87% of their Stash investments in ETFs and 13% in individual stocks. Males have, on average, 84% and 16% of their portfolio in ETFs and individual stocks, respectively.
finance.yahoo.com
Read More
0 comments:
Join the Conversation