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Women Investors Toughing Out Market Slump

Despite the downturn in the stock market over the last year, women investors are managing to come out ahead. According to the National Association of Investing Clubs, all-women clubs are posting average gains of 19.25% on their investments, where all-male clubs were posting only 18.73%, and co-ed clubs 19.19%. Money Magazine picked up on the trend and started Money for Women. Muriel Siebert, the first woman to purchase a seat on the New York Stock Exchange in 1967, started a new investing site for women at www.wfn.com. Financial planning professionals point to women’s long-term approach to investing as a reason for their success, as well as their propensity to research investments more thoroughly. The biggest roadblock to investing success for women is delays in getting started because of the demands of family and career.

Sources:

Associated Press, Washington Times

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