Michael Canet is a financial planner, estate planning attorney and host of The Savvy Investor TV and Radio Show, where he and Savvy Investor guests help listeners create, grow, and preserve their wealth. In this blog post, Canet cites recent studies that reveal advantages women have over men in investing.
Glen Burnie, MD – Aug 22, 2013 – Estate planning attorney and host of The Savvy Investor TV and radio show, Michael Canet, recently published a blog post on The Savvy Investor website discussing several studies with opposing conclusions on which sex is better at investing. In “Women Might Be Better at Retiring Than They’re Given Credit For” Canet argues that women may have an advantage when it comes to retirement planning.
Canet writes, “In LouAnn Lofton’s recent book Warren Buffett Invests Like a Girl – And Why You Should, Too, she asserts that women’s temperaments help them achieve long-term success in the market because they spend more time researching their investment choices, take less risk, and trade 45 percent less often than men (improving net returns and decreasing transaction costs). This isn’t to say that women don’t have room for improvement – most studies show that women are less engaged in the management of their retirement plans than men. Those numbers definitely need to be addressed.”
The entire blog post can be found at http://www.thesavvyinvestortv.com/blog/women-might-be-better-at-retiring-than-theyre-given-credit-for.php.
To learn more about The Savvy Investor, please visit http://www.thesavvyinvestortv.com.
About Michael Canet:
Michael Canet is a financial planner and estate planning attorney specializing in family legacies and is a founding member of Prostatis Financial Advisors Group, LLC. Canet is the author of the best-selling book, Surviving the Perfect Storm: How to Create a Financial Plan That Will Withstand Any Crisis, and has been featured on The Wall Street Journal, Fox News, and USA Today. He is also host of the nationally syndicated television show, The Savvy Investor, and The Savvy Investor radio show on WCBM 680AM. His approach, both on and off The Savvy Investor shows, is distinguished by clear and concise answers that are accessible to the people who need to understand them most: retirees.
You can listen to The Savvy Investor live on WCBM Talk Radio AM 680. http://player.streamtheworld.com/liveplayer.php?callsign=WCBMAM&advisorid=3002375