Women are generally better money managers. Well my statement holds good beyond house-hold budgets. You will be surprised to know that female hedge-fund managers have outperformed the benchmark. Study reveals that the testosterone level in Men makes them relatively less sensitive to risk-reward, which women are quite susceptible to or should I say Women’s sixth sense. However, some may find financial planning & investment quite intimidating which really is not the case unless you choose simply not to understand. Believe me it is no rocket science. Let me convey financial planning in a simple & easy to understand format Pyramid is one of the most stable structures on earth. This planned approach is symbolic; it means that planning your finances can bring about financial stability. This ERGRE Model is aimed at Wealth Protection, Creating Wealth and subsequently transferring the same to your heir & loved ones. The bottom two pieces (ER) protects wealth, G&R is aimed at creating long-term wealth and finally E at the top is aimed at wealth transfer.
Read more at: http://www.moneycontrol.com/news/planning/womenbetter-money-managers_1058274.html?utm_source=ref_article
Read more at: http://www.moneycontrol.com/news/planning/womenbetter-money-managers_1058274.html?utm_source=ref_article
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