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Women Investors Don’t Play It Safe

TedTed
edited October 2018 in Fund Discussions
FYI: A couple came into Mike Giefer’s Minneapolis office in late September for some financial planning advice. The woman presented herself as the risk-averse one and her husband as the financial maverick. Then Giefer had them take a test. “It turned out the exact opposite,” he says. Giefer, an adviser at the Johnston Group, uses Riskalyze, an online tool that gauges clients’ risk tolerance by walking them through various financial scenarios and then assigning them a “risk number.” The woman scored a 70. Her husband, only a 52.
Regards,
Ted
https://www.bloomberg.com/news/articles/2018-10-05/women-investors-don-t-play-it-safe?srnd=premium

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