As we all know, men and women carry themselves differently. Their investment strategies vary as well. Men tend to be more confident in their ability to invest their money while women tend to be a bit more timid and less risky. Karen Blumenthal has written a wonderful article regarding this topic. One step she mentions is:
Start planning the kind of retirement you want to have. “Women aren’t thinking about this,” says MP Dunleavey, editor-in-chief of DailyWorth.com, which sends personal-finance and investing emails geared to women. “They aren’t letting themselves think or dream or daydream” about retirement. But, she says, if you can envision how you want to spend your time after you stop working, you might find it easier to develop more interest and knowledge in how to get to that goal.
Click here to read the entire article by Karen Blumenthal.