In the past,
many americans learned about the stock market through the
corporation they were employed with. They were able to invest
in their company's retirement plans or were awarded stock
options as part of their employment. As a result of these
experiences these individuals have enjoyed some handsome
long-term profits. They had the opportunity to experience
some of this country's greatest period of stock market wealth,
and experience the stock market progress first hand.
Because many women did not have the
same employment opportunities as men in the distant past,
they did not have the same opportunity
to become familiar with the stock market. This is possibly
one reason why a "gap" exist between men and women
in stock market knowledge and number of accounts.
In the section, "Different Types of Stocks",
on the next page, you will see that there are low-risk,
mid-risk
and high- risk stocks. Your experience with stocks will allow
you to determine the level of risk you are comfortable with.
Blue Chip stocks (the oldest, longest profitable companies)
are lowest risk. The newest or least profitable speculative
companies are the highest risk. After throughly learning
the investment tutorials in MsFinancialSavvy.com, you should
have the expertise to talk candidly with your broker about
stocks and mutual funds. Therefore, closing the gap between
the number of brokerage accounts existing between men and
women.
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