Women are more risk-averse as investors

[Erin Spradlin]

Women are more risk-averse as investors, and while this is often blamed on a lack of financial literacy, the issue is more one of confidence, not competence: 45% of women with $1 million in investible assets were deemed financially literate in a study by the Center for Talent Innovation, versus just 39% of men. Yet only 30% of women said they were confident in their knowledge, versus 34% of men. “Men will invest through a lack of knowledge,” Krawcheck says, “but women—not so much.”

https://www.barrons.com/articles/womens-retirement-planning-what-wall-street-misses-1455343712?mod=article_inline&mod=article_inline

Men invest through a lack of knowledge and women do not... much to their own personal detriment. I've seen this to be true. If you're a female investor that wants to invest but has not yet, does this ring true for you?