Men vs. Women: Financial Planning

Statistics show that men and women handle money differently. While there are exceptions to every rule, men generally are better prepared for retirement, are more willing to put money into savings, pay off credit card balances in full and are more educated about investing. Men are also more prepared for unemployment, which is fortunate because there are more unemployed men than women in the U.S. and the growth of the unemployment rate for men is currently outpacing the unemployment rate for women.

(more…)

Lessons I’ve Learned As A Long Time Investor

This guest post is brought to you by the Silicon Valley Blogger from The Digerati Life, a dame who enjoys the stock market, personal finance and of course, blogging!

When I first started investing, I was young and naive and did not have much of an investing plan. But I made a commitment to become a better investor. While it took a lot of mistakes and trial and error for me to become comfortable with the process, I eventually put together an investment plan that I’m happy with and which I now conform to as much as possible.

I’d like to share some thoughts and hard-earned lessons on this subject so you can avoid the mistakes I’ve made. To give you some idea, from the time I began investing around 20 years ago, I’ve been able to multiply my assets by a factor of 300. This was all achievable by simply relying on the long term upward trends of the markets as well as participating in automatic savings and investing programs that allowed me to contribute to my funds on a regular basis.

(more…)