Ep 142: Your Investing Questions Answered with Fidelity’s Kathy Murphy

HerMoney with Jean Chatzky

Jean Chatzky Her Money

Investing, Business

4.7 • 1.5K Ratings

🗓️ 2 January 2019

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Happy New Year HerMoney! Goodbye 2018 and goodbye investing confidence gap. After decades of focusing on why women weren’t investing, the broader conversation is shifting to why — and how — women are growing their wealth. We’re kicking off another fantastic year of important conversations with HerMoney’s champion from day one, Kathy Murphy. She’s the president of personal investing at Fidelity, which is out with new research on women and investing. A finding we’re thrilled to hear: Over 70% of women say it’s time to demand more from their money and that they’re going to take action in the next six months. Let’s join them! Kathy tells us how. In Mailbag, Kelly and I answer your questions on Social Security, opening up a Roth IRA and buying a house in the current market. Plus: We know women are more likely to take career breaks for childcare — and now we have an idea of how much it can cost them. We discuss in Thrive. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	You're listening to an airwave media podcast.
0:04.0	Her money is supported by Fidelity Investments.
0:14.0	We want you to demand more from your money,
0:16.3	so start by knowing what you own and owe
0:19.2	and we'll help you take the next step
0:21.0	at fidelity.com
0:23.0	demand more now.
0:25.0	Her money comes to you through PRX. Fidelity is out with their 2018 women and investing study and we decided to check in with Kathy Murphy,
0:45.0	president of Fidelity Investments's personal investing business to talk about it.
0:50.0	Kathy, thanks for sitting down.
0:52.0	It's great to be with you again, Jean. It's really nice to be with you too.
0:55.0	And let me just say because I know we talk about this all the time, but our listeners know that you have been such a champion of this show and that we really wouldn't exist without you and so thank you for that
1:08.0	Oh no thank you you you're doing an important service for all of us women out there
1:13.0	So tell me about the results from this year.
1:15.7	You've been doing this study since 2009, almost a decade.
1:21.3	What's new? So I think the most fundamental thing that's new is that women are now
1:28.6	at the point where they're willing to and ready to move forward. So we've talked a lot in the past about why women don't invest,
1:35.4	the confidence gap.
1:37.0	And I just so energized by the fact that women are now saying,
1:40.6	70% of women are saying it's time to demand more. So that's number one
1:45.8	in terms of new research. We can go through a little bit more why and what we're
1:49.1	doing about it. But the second thing is we've talked about this in the past, one of the things that's really
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Jean Chatzky Her Money, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Jean Chatzky Her Money and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.