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Bay Leaf Ritual for the New Year
HI would like to share with you a ritual I do every New Year's that is quite involved and requires a lot of thought and meditation time. It is derived from an ancient Greek ritual for prosperity and fertility. As you may recall, ancient...

How To Save Money On Your Holiday Gift Shopping
How To Save Money On Your Holiday Gift Shopping With the rising costs of gasoline and heating oil, as well as rising interest rate charges, saving money is at the top of everyone's wish list this holiday season. Here are some tips on...

Precious Gems of Wisdom
The New Age should also be called The Stone Age, because along with aromatherapy, healing with the vibrations and frequencies emitted by gemstones is at the crux of the movement. Below I have listed seven popular gemstones that also correspond with...

The Heat of Desire
"Although I took to New York straight away I was really lonely. I would take whatever I could in a taxi-cab to wher- ever I was going to next. I'd take a big breath, grit my teeth, blink back my tears and say, 'I'm gonna do it- I have to do it...

Two Income Households
Money is the 1 problem couples fight about. It's often the spark that ignites bickering about ambitions, fears for the future and the inevitable power struggle. Communication is vital. Talking about how you plan to earn, spend and save money is...

 
Why Women Make Better Investors than Men

Being involved with a company that trains people how to actively trade in the stock market. I get to see first hand the success or failure of our clients. Eighty percent of our clients are male. But I'd wager that eighty percent of the successful stock traders are women.

Based on this experience, I began to wonder why is it that women tend to be better investors than men. I thought about it over and over, and I could not ignore the facts. Women make successful investors.

But why? I think it comes down to three simple words: EGO, EGO, EGO. The one thing that most men have in common is a big ego. Men tend to let their egos make their decisions for them. They hold when they should sell. They buy in for fear of missing out on that one big opportunity. In other words, they invest not to get the best deal out of the market but invest so that they look good (or not look bad).

Usually when people think of investing, they think of taking chances and risks. But the truth is that investing has much more to do with emotional intelligence than most people realize. Emotional intelligence is the ability to think objectively about a situation and not get too emotionally involved in it. Women, in general, possess a high emotional intelligence.

This quality makes women great investors. Rather than investing according to what will make them look good, women will invest according to a plan--not according to what mood they are in or whether they will be "right" or


"wrong".

Investing is not about being right or wrong. It's about making money. Women are able to put their egos aside in ways men have trouble doing. This ability to set their ego aside makes women great investors.

Need proof? Ask yourself this: if a man and a woman are lost on a trip, who is more likely to stop and ask for directions? Women are more likely to ask investment questions until they completely understand the concepts. Men, on the other hand, can be too afraid to ask the necessary questions because he may look bad doing so. Women tend to come to investing with a mind to learn. And when they learn, they execute solid plans. Men can be heard saying they "know that a company is good", whereas women can usually tell you why the company is good.

As more and more women turn to investing, I think we will see this trend of women outperforming men. A woman's ability to put her ego aside already gives her the upper hand in investment strategy.

And because women on average still get paid less than men (a situation that needs to change--pronto!), women can use their inherent advantages to invest more and work less. So men can go out, work hard, and earn a lot of money, whereas women can invest more, work less, and earn a lot more money.
About the Author

Read More Free Investment, Wealth Creation & Personal Finance Articles & Tutorials from the Global Investment Institute.


 

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