Ellevest CEO Sallie Krawcheck Has 1 Extremely Simple Piece of Advice for Women and Investing
Investing in the stock market has traditionally been dominated by men, meaning women are often at a disadvantage. In fact, only around 54% of women self-identify as having a high level of investing knowledge, compared to 71% of men, according to a recent survey by The Motley Fool. Similarly, only 34% of women feel comfortable making investment decisions, compared to 49% of men.
As a result, women are less likely to invest at all, making it more difficult to build wealth and retire comfortably. But Sallie Krawcheck, CEO of woman-focused investment platform Ellevest, has some simple advice for women looking to invest more: Just dive in.
It can be nerve-racking to get started investing, especially now when the market is volatile. And if you're not 100% confident in your investing abilities, it's even more tempting to put it off.
Source Fool.com
