This post was contributed by a community member. The views expressed here are the author's own.

Health & Fitness

Women are Smarter

Did you know that women are smarter when it comes to investing?

Did you know that women are smarter when it comes to investing?

According to the University of California at Davis* they found that single women's portfolios earned, on average, 2.3 percent points more per year than single men.

Yes, we truly are smart!

Find out what's happening in Lake Minnetonkawith free, real-time updates from Patch.

But, where we are not smart is that we typically start saving later than men and once we finally start saving, we start saving less.

Now that is not smart!

Find out what's happening in Lake Minnetonkawith free, real-time updates from Patch.

So, let's get smart about our money and build our confidence by taking the time to really learn and understand our money. Take some time and learn about your money for no one cares more about your money than you. Remember, we as women are smarter, at least when it comes to shopping...and getting dressed in clothes that match and coordinate...and we can remember every detail from 10 years ago...and of course investing!

Please note that this information is the result of a controlled study and past performance is no indicator of future results, for either men or women.  

*A study of more than 35,000 discount-brokerage customers by economists at the University of California at Davis found that between 1991 and 1997, women's portfolios earned, on average, 1.4 percentage points more a year than men's. Among single people, the difference was even more pronounced, with single women earning 2.3 percentage points more per year than single men.

We’ve removed the ability to reply as we work to make improvements. Learn more here

The views expressed in this post are the author's own. Want to post on Patch?

More from Lake Minnetonka