Like us on Facebook!

 

Confidence, Mars and Venus

 

Would you say you are a confident investor? Your answer to that question could give more insight into your investment approach than you might think.

 

Many recently published books and studies point out the behavioral differences between men and women when it comes to investing – with the trait of confidence, or lack thereof, identified as a key factor impacting our investment behavior. 

 

Though women may feel comfortable managing the family’s purse strings, many say they lack the confidence and or knowledge to invest their money.1   In a recent Harris Poll, only 53 percent of the women had the confidence to invest, compared to 82 percent of men who stated they were confident investors.

 

Men were actually found to be more prone to overconfidence; and with overconfidence, they tend to overestimate their knowledge and the expected gains of trading.2

 

But for the women who overcome their reluctance about investing, a tempered level of confidence may serve them well. Some research has shown that women, because they are less confident about investing in general, trade less frequently, hold less volatile portfolios and expect lower returns than men do.3

A new study by Barclays Capital and Ledbury Research found that women were more likely to make money as investors in the financial markets, mostly because they didn’t take as many risks as men.

What can we take away from all this?  It seems that when it comes to confidence in investing - too much does not a good investor make! So, lest we aim to be moderately confident.

Terry Swaim

Financial Advisor, Community Wealth Management

Registered Principal, Invest Financial Corp.

Quote of the month:

“You can always count on Americans to do the right thing - after they've tried everything else.”    -Winston Churchill

 

 

Launch of myedocumentsuite.com!

 

We are pleased to announce the launch of myedocumentsuite.com, a new way to offer electronic delivery of brokerage account statements and trade confirmations. A self-service website, myedocumentsuite.com will allow you to create a userID and password, using our finanical organization number 5VR. You will need to turn off paper delivery for your accounts, and then you will be able to view, print, and download electronic documents. Best of all, this site is avaliable at no cost to you!!!!

Please contact us for more information about myedocumentsuite.com, or if you are interested in receiving documents via eDelivery.

 

 

 

 

 

 Click here to login to Albridge Solutions

Click here to login to NetExchange Clients

 

 INVEST is not affiliated with other entities referenced. 

 

 
Calculators

Life Expectancy

Knowing your likely life expectancy is an important factor in making long-term financial plans.

Loan Payoff

How much will it cost to pay off a loan over its lifetime?

College Funding

Use this calculator to estimate the cost of your child’s education, based on the variables you input.

Tax-Deferred Savings

Compare the potential future value of tax-deferred investments to that of taxable investments.

More Calculators →

Newsletters

When Key Players Can't Work

If a company is a two-owner business or its success relies on a few key players, key-person life or disability insurance could possibly offset the risk that the premature disability or death of a major contributor could ruin its future prospects.

HOT TOPIC: Why Global Investors Are Worried About European Debt

European officials are working on a bailout deal to help debt-laden Greece avoid default, but some are worried a broader eurozone financial crisis may be waiting in the wings. How likely is a Greek sovereign debt default, and how could it affect European and U.S. financial markets?

On the Committees

The closely watched "yield curve" has been fairly adept at signaling the onset of U.S. economic recessions. A yield curve inversion would seem to be a fairly straightforward method for ascertaining the direction of the economy, but more often than not it's not so simple.

Settling on a Salary

As a company's profit situation improves, business owners may be in a position to decide whether to take home a larger salary or use more of the proceeds to invest for the future. This article discusses the possibility of choosing a business-owner salary that allows for other benefits, such as building the business, saving more for retirement, and adding employee benefits.

More Newsletters →