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Women are better investors than men

According to a new study, men are more likely to panic and make dumb decisions.

What it means: An investment app called Stash had a look at how men and women manage their money. Stash is a platform which lets people put their money into lots of financial products, such as stocks (a piece of ownership in a company, which entitles you to some of their profits), bonds (loaning money to a government or company with the idea that it’ll be paid back with interest) and derivatives (basically a bet on whether a good like rice or gold is going to become cheaper or more expensive) with the idea of making a profit.

Stash wanted to know how male and female users acted when the markets went a bit haywire and value of their investments suddenly dropped. They found out that men were 87 percent more likely than women to panic and sell off all their investments while the price was low. Women tended to hold onto the investments, reasoning that the prices would eventually go up again (which they did).

Of course, any attempt to prove that different social groups act in different ways should be taken with a ginormous pinch of salt. There are all sorts of reasons why Stash’s result could be misleading (maybe Stash just happens to be used by loads of particularly flighty men). But it’s a good pushback to sexist ideas about how women can’t handle money or shouldn’t be trusted with important decisions because they’re ‘too emotional’.

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Reader Comments

  • WhereAreTheVikings

    What a terrible, terrible shame. Western Civilization nurtured capitalism, and now capitalism is destroying it. And these young people seem to welcome the invasion of their homeland. The media and schools have been very efficient in wiping out all traces of blood and soil.

    • prollawalllynotahumanoid

      Capitalism isn’t the problem. It’s corrupt politicians taking bribes and kickbacks from Globalists and the Chinese.

      • WhereAreTheVikings

        Maybe I should have said crony capitalism. Although Italians importing Chinese to make “Italian leather” shoes is not crony capitalism. It is capitalism, pure and simple.

        • prollawalllynotahumanoid

          That would be crony capitalism and globalism combined. They aren’t concerned with the affect their policies have upon their citizens, the health and welfare of their society and culture or their economy. What it isn’t is fair-free trade to further national interests.

          • WhereAreTheVikings

            I’ve always seen them as one and the same, but perhaps they need to be named individually, just to bring home the point.

      • WhereAreTheVikings

        But now that travel is so easy and borders are virtually down through H1bs and the like, theoretically you can’t blame capitalists for the pursuit of cheaper labor, although I do heartily blame them not being more patriotic than that. Perhaps the emerging nationalism will force them to voluntarily do what they should have morally been doing all along, and that is employing business practices that preserve their countries and nationalities. The government should be doing everything it can to encourage that, to the extent that small government should do anything but guard the borders and strictly, drastically, limit immigration.

      • Henry Lam

        It is China with its corrupted mindset affecting the world.

        • prollawalllynotahumanoid

          No it is not. Capitalism is the fairest and least corrupt system of all.

          Socialism and communism is based on authoritarianism, coercion and police intimidation. It has and always will be rife with criminality, bribes and kickbacks.

          Corruption can be anywhere but it is the very basis of socialism and communism.

    • Henry Lam

      The government is too weak. They do not understand the mindset of communists and how they educate their people. Those communist people are only loyal to their country and could be dangerous. The immigration law should only accept those who accepted multiculturalism and taught from a democratic education system. This virus events clearly has shown how stupid to take China as a friend.

      • WhereAreTheVikings

        The government is not too weak. Just weak-minded about some things.

  • Gabi Rodrigues

    For how many days can a country maximum close their borders to foreigners maximum? Like now, with the virus, everyone is using 30 days. Can it be more?