An amusing and whimsical look at behavioral finance best practices for investors.
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The first National Women’s Equality Day was in 1971. Women couldn’t get credit cards in their own name back then. And if a woman became pregnant, she could be legally fired. Thankfully, a lot has changed, but some things haven’t. Women still do not receive equal pay for equal work. The gap is roughly 20%1, and women continue to live longer than men, now by an average of seven years.
Over time, different investments' performances can shift a portfolio’s intent and risk profile. Rebalancing may be critical.
On a team, all players count, but some key positions are more critical to success.