1351: What Does It Take To Be A Successful Investor by Vicki Cook & Amy Blacklock of Women Who Money
Optimal Finance Daily - Financial Independence and Money Advice
Optimal Living Daily LLC
4.5 • 1.3K Ratings
🗓️ 20 November 2020
⏱️ 11 minutes
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| 0:00.0 | This is Optimal Finance Daily, episode 1351. |
| 0:04.4 | What does it take to be a successful investor? |
| 0:07.6 | By Vicky Cook and Amy Blacklock of Women Who Money.com. |
| 0:12.0 | And I'm your host and personal finance enthusiast, Diana Merriam. |
| 0:17.0 | This is the show where I narrate posts from a wide variety of personal finance blogs. |
| 0:22.0 | We cover so much on this show from saving to |
| 0:25.6 | investing to debt reduction and more. Today we're going to be talking about |
| 0:29.6 | something I've experienced firsthand, the confidence gap often seen with women and investing. |
| 0:36.6 | Fear, not friends, it can be overcome. |
| 0:39.8 | Stay tuned after the reading where I'll provide a trick that I use to handle the emotional side of investing. |
| 0:46.0 | But for now, let's hop into this post before you hop into your weekend and start optimizing your life. |
| 1:04.2 | What does it take to be a successful investor by Vicky Cook and Amy Blacklock of Women Who Money.com. Several studies in the last few years |
| 1:06.2 | have found that many women are really good investors. |
| 1:09.5 | In fact, you might be surprised to learn that women often |
| 1:12.4 | earn higher returns on their |
| 1:14.0 | investments than men. They also tend to add more to their account balances over time, |
| 1:18.9 | but there's still a confidence gap when it comes to women and investing. |
| 1:24.4 | Many women don't invest their money or enough of it |
| 1:27.4 | because they lack confidence. |
| 1:29.5 | This causes them to miss out on the power of compounding that's earning interest on top of |
| 1:34.8 | interest for years. Instead women tend to play it safe by using savings accounts |
| 1:41.4 | rather than investing their money. While using a savings accounts rather than investing their money. |
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