Do your women friends invest or talk about investing?

[Anonymous]

Only in very general terms such as using index funds or a money manager. With our friends we never really talk about money even though we are all pretty well off. It’s funny, my husband recently played golf with a retired guy who told him he use to hate having to pay the IRS over a million dollars a year. My husband said he was a butt hole.

[Anonymous]

No. I am much more likely to talk to male co-workers about investing because they are far more likely to bring up the subject. And they are also more likely to make short-term trades. We women, statistically, are buy-and-hold investors so perhaps we have less to talk about?

[Anonymous]

Not many. It's a topic I enjoy, but I limit my conversations to anonymous forums like this or Bogleheads. I have a female colleague who is her family's breadwinner, and we often enjoy discussing finances.

[Anonymous]

With one female friend....she grew up with no money and is incredibly accomplished-- I grew up with a parent who emphasized investing and that I should handle it myself vs turn it over to a professional. We high five each other on the way to money milestones and when the market has good days. We both are mostly using just an indexing strategy
.

[Anonymous]

PP here...DH cashed out his first 401k in his 20s and from there on I took over full control of thr investments. Studies show women are better investors.

[Anonymous]

No, and we're all college and professional educated. mid-40's female. It seems most of my friends' husbands do all the investing. I'm thinking of joining an investing club because I have always enjoyed investing since my 20s (and make decisions 50-50 with DH).

[Anonymous]

I talk finances with friends who are interested in the subject. Some are, some aren’t. Male and female.

[Anonymous]

I am married and do all the investing. My husband has no interest. I do talk about investing with men and single women, now that I think about it.

These discussions are typically about strategies like asset allocation and avoiding tax traps--e.g. minimum required distribution issues one needs to think about. I am strictly buy and hold broad-based index funds, but two single women I know are pretty aggressive and trade, and frequently rue that they sold too early.

[Anonymous]

Invest? Yes. Talk about investing? No, for the same reason people don’t generally bring up religion or politics. If I know a friend is likeminded, or if it comes up in conversation that I’m a huge finance nerd and they want to ask me questions, then yes, I’ll gladly discuss and also follow up with book recs and resources. Otherwise, no.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:In my circle, my husband and I are the only ones who hand-pick stocks and have personally nurtured our investments for decades. Our friends, male or female, shy away from managing their own portfolios or choosing their own individual stocks. It's too bad, because now there's a significant wealth difference between us. When we met, there wasn't.

What a load of crap. I know far too many people like you who "play" the market and lose. You sound like an ad for a for fee manager.

I see I've been attacked again. I don't frequent the Money Forum often, but every time I share my experience with investing in the stock market, I get responses like these. Did you miss the part where I manage my own trading accounts?? And no, I don't ever suggest anyone pay me to help them with their money. I have a portfolio of about 20M now, mostly in Apple, Amazon, Google, Netflix, Nvidia, etc. It has taken many years to get there.

It's sad how so many posters can just gang up on another poster who has an experience that is so different from theirs, they just can't believe it.

PP, it's just typical DCUM. If you don't agree with them, you're an idiot mentality. I've never seen so many idiots in all my life than here.

I, like you, am very involved in investing. I wish we had started sooner, but once I started learning I really enjoy it.

As to the question, I don't know any women who want to talk about it or even think about it. When we go out with couples, it's only the guys and me who talk about it while the women gossip. And we aren't talking about our specific wealth. Just what we are reading, seeing in the markets, the economy.

I get me real fix, though, at bogleheads.org.

[Anonymous]

I work in finance but in an associate/admin type role. I talk about investing a lot at work but rarely with friends, male or female, unless they also work in the industry. In general, I’m pretty boring with my own investing.

Men trade more often and can be overconfident, they like to talk about their big ideas. Women trade less, not a bad thing, and take a more slow and steady approach.

[Anonymous]

Anonymous wrote:In my circle, my husband and I are the only ones who hand-pick stocks and have personally nurtured our investments for decades. Our friends, male or female, shy away from managing their own portfolios or choosing their own individual stocks. It's too bad, because now there's a significant wealth difference between us. When we met, there wasn't.

We have a Fidelity Private Equity Account and if you print the statement it’s like nine pages worth of stock investments. Unless you’re in finance you are not doing better than money managers.

[Anonymous]

Yes - those women that I know that are either independent (ie single) or the family breadwinner are very interested in this topic. My friends who are not the top earners in their family are less interested. Which makes sense.

[Anonymous]

Anonymous wrote:In my circle, my husband and I are the only ones who hand-pick stocks and have personally nurtured our investments for decades. Our friends, male or female, shy away from managing their own portfolios or choosing their own individual stocks. It's too bad, because now there's a significant wealth difference between us. When we met, there wasn't.

Too bad how? I wouldn’t pity them.

[Anonymous]

Anonymous wrote:I work in finance but in an associate/admin type role. I talk about investing a lot at work but rarely with friends, male or female, unless they also work in the industry. In general, I’m pretty boring with my own investing.

Men trade more often and can be overconfident, they like to talk about their big ideas. Women trade less, not a bad thing, and take a more slow and steady approach.

I love how these narratives take shape. Yes, there are “studies showing” that women are better investors—just like there are studies proving anything that advances the woke agenda.

(If studies don’t advance the woke agenda, they are not valid. For example, James Watson won the Nobel prize for essentially discovering DNA and was one of the top scientists in the world. But when he showed that there were differences in intelligence levels between the races, he was stripped of all his awards and shunned.)

Wake me up when there is a female Warren Buffett. Or a female Jim Simons. Or a female George Soros. Or a female Stanley Druckenmiller. Or a female Peter Lynch. Or a female…you get the picture.