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Finance is indeed a woman's cup of tea Nike Blazer
PostPosted: Mon 15:57, 09 Sep 2013
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When the Finance Minister announced in the Budget plans to start an all-woman bank, it drew some predictable jibes from the male Twitterati. new bank only for women in India? The moment Zara announces its sale, this bank will announce its bankruptcy,[url=http://parajumpersonline.webmium.com/][b]http://parajumpersonline.webmium.com/[/b][/url], said one.
These reactions underline the stereotyping of women and money. Women splurge on shopping,[url=http://duveticaoutlet.albirank.net/][b]http://duveticaoutlet.albirank.net/[/b][/url]. They don get finance because numbers make their pretty heads swim. They get easily conned by get-rich-quick schemes
We have all heard innumerable jokes about how women are addicted to shopping. Women may enjoy shopping,[url=http://monclerjacketsoutlet.albirank.net/][b]http://monclerjacketsoutlet.albirank.net/[/b][/url], may talk about it,[url=http://duveticaukoutlet.halod.com/][b]Duvetica Jackets UK[/b][/url], may spend more time in the shops or browsing online and may even make frequent shopping trips.
However,[url=http://rogervivieroutlets.webmium.com/][b]Discount Roger Vivier Shoes[/b][/url], data from UK 2012 Baines and Ernst survey on spending habits showed that men spend more than women on online purchases and on average spend 15 per cent more on credit card purchases. The higher online spending by men was observed in countries such as US and Australia as well.
The study also showed that online and offline,[url=http://giuseppezanottioutlets.webmium.com/][b]http://giuseppezanottioutlets.webmium.com/[/b][/url], men tend to spend on luxury items rather than necessities.
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While Indian women have been closing the gender gap,[url=http://woolrichdeutschland.gengfl.com/][b]Woolrich Deutschland Woolrich Arctic Jacket Online Shop Damen and Herren outlet deutschland[/b][/url], data from other Asia/Pacific regions showed that in 10 out of 14 countries, women showed better financial literacy scores than men.
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those dull FDs. Give me that Rs 20,000 and I double it for you in a month Women save more and even without a direct source of income,[url=http://duveticaukoutlet.halod.com/][b]Duvetica Down Jackets[/b][/url], 60 per cent of women in India who are housewives are able to save a minimum of 5 to 10 per cent of their household income.
It is widely believed that women higher risk aversion deters them from achieving high returns.
But a study by consulting firm Rothstein Kass found that female hedge fund managers handsomely beat the global hedge fund index return of 2.7 per cent, by earning a 9 per cent through the third quarter of 2012.
Over a five year period, women led funds outperformed both the HFRX Global Hedge Fund Index and the S 500.
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In the US, a study over a 6-year period found that men trade 45 percent more than women and earn 1.4 per cent less annual net returns (risk-adjusted) than women. The lower return was attributed to the frequent trading by men, driven by over confidence.
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