Investment Basics for Women: the Essential Guide to Taking Control of Your Finances
- Binding: Paperback
- Publisher: Spectrum
- Publish date: 12/01/2001
Women make up nearly half of the workforce and own more than a third of all businesses in the U.S. However, some 75% of women over age 65 live in poverty. A 1992 Oppenheimer Management study showed that women had less knowledge of investment basics than men. And, in 1994, a Money Magazine survey showed that brokers routinely spend more time with male clients than with female clients and often sold women, low-risk and low-return investments. In fact, it's more important for women to understand investment options and risk because:
-- Women live longer than men so they need more money to last through their retirement
-- Women earn an average of 76 cents for every dollar men earn
-- Women's pensions are smaller than men's
For these reasons, Investment Basics for Women should be required reading for women of all ages. This guide provides easy-to-comprehend advice on every aspect of investing including choosing stocks, planning for retirement, selecting mutual funds, and using on-line services for financial help. Loaded with real life examples and questions from Buy's Investing Basics seminars, this book will help every reader, regardless of financial experience and knowledge, gain control over their money and chart a realistic blueprint for future financial security.
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