What issue do you think women worry about most? You might guess spending quality time with the family, time management, health, reducing stress, or maybe the environment? While this is from the pre-9/11 era, is still interesting to consider the March 2000 gallop poll shows the top answer was their finances. This response may surprise you now, but consider the following list of financial issues unique to women (results from a women-and-money incubator, and research by William L. Anthes and Bruce W. Most):
- “Women are more intimidated than men about financial issues
- Women earn less money than men
- Women are less prepared for retirement
- Women receive smaller retirement benefits
- Women live longer than men
- Women are poorer in retirement than men
- Women are more conservative investors than men”
My name is Brenda Wenning and I am an investment manager. Many of my clients are women investors and with all these “strikes” working against them, my business mission is, first and foremost, to protect and improve their financial health by actively managing their investment risk.
A benefit of my service is the straight forward communication I have with clients. People tend to be afraid of what they don’t understand and in order to have a secure and comfortable financial future, you can’t be afraid of investing. So, I take my role of trusted advisor and educator very seriously. Watch this space for interesting facts, figures and ideas on investing and how you might improve your investment performance in the future. If you have an investment question or comment, please let me hear from you.