Phil Town is an investment advisor, hedge fund manager, 3x NY Times best-selling author, ex-Grand Canyon river guide and a former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo, and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence. You can follow him on google+, facebook, and twitter.

Chelsea Middleton served 8 years as a crew chief on an Army Blackhawk helicopter before Allegiance hired her as a business development VP. She says she “had to grow up fast” and learned you “can’t allow yourself to feel intimidated” in the military. This experience, along with her self-discipline and strong motivation to succeed, come in handy when she talks with people about selling their businesses.
Don't put your investments on long-term autopilot. One of women's strengths as investors is that they are less tempted to buy and sell in the short term, based on classic research by Brad M. Barber and Terrance Odean at the University of California-Berkeley. But at least once a year, you need to become an active investor, checking your asset allocation as you age and your needs change. That means changing your asset allocation when it's required, or hiring an investment advisor or an online investment platform to do it for you. "This was my own mistake in 2008. ... I didn't have cash, and I was fairly close to retirement," said Hounsell.
Stash Financial, Inc. is a digital financial services company offering financial products for U.S. based consumers. Advisory products and services are offered through Stash Investments LLC, an SEC registered investment advisor. Stash Capital LLC, an SEC registered broker-dealer and member FINRA/SIPC, serves as introducing broker for Stash Clients’ advisory accounts.  Apex Clearing Corporation, a third-party SEC registered broker-dealer and member FINRA/SIPC, provides clearing and execution services and serves as qualified custodian for advisory assets of Stash Clients. Market Data by Xignite. For more information, see our disclosures.
The study found that because of the gender pay gap and the natural progression of women’s careers (our salaries tend to peak at 40 while men’s salaries tend to peak at 55, and women are much more likely to take long career breaks), the woman would have about $320,000 less by the time she retires based on average market returns. That means she’ll have less money to live off of even though she’s likely to live years longer than the man.
All of the top banks are run by men. A Catalyst study reports that women account for less than 17 percent of senior leaders in investment banking. In private equity, women comprise only 9 percent of senior executives and only 18 percent of total employees, according to a 2017 report by Preqin. At hedge funds and private debt firms, the numbers are similarly low — women hold just 11 percent of leadership roles.

Saul M. Simon, a certified financial planner with Simon Financial Group in Edison, N.J., recommends women investors start investing at work in their 401(k) or 403(b) retirement plans. Every dollar that goes into these plans reduces current income taxes. In addition, the money grows tax-deferred, and in many cases the employer matches a portion of your investment.

To attend, first secure your ticket to FUND Conference here. During the checkout process, you will be asked if you plan to attend WiW. Upon selecting “yes”, a short questionnaire will be emailed to you that will allow us to better pair you for WiW's networking session. Completion of this questionnaire will then secure your spot, and a confirmation email will be sent to you.
“There are special reasons why women have got to take financial control through education and empowerment,” says Blayney. (One big reason: Women tend to lend longer than men, so they’ll need more money over their lifetimes.) However, about 35 percent of men around the world are financially literate, compared to 30 percent of women, according to a global financial literacy survey by The Standard & Poor’s Ratings Services. Furthering the issue, just 17 states require high school students to take a personal finance course—and that number hasn’t changed since 2014, according to the Council for Economic Education.
While a nice portfolio of stocks is bliss, having financial independence is way bigger than picking the right stock, fund or financial advisor. It’s about living in a way that supports your financial goals, having the confidence and knowledge to grow your money (alone or with a well chosen financial advisor), and creating income streams using either your highest skills, your money, or both to fund the lifestyle you desire.
MS. KATZIFF: So, to exactly that, the many, I would just add there is no one perfect mentor, so surround yourself with many people because you can pick and choose strengths. Everyone has different strengths. And so, think of it as you are the CEO of your business, of your career, and you get to select your Board of Directors, and that is how you should think about mentorship, where similar to any company who looks for a strong Board of Directors you pick multiple skills. You would never pick one person with one skill. So, diversify and have mentors that you tap into and rely on, depending on the situation, and you get diversity of thought.
MS. SARR: We bring in money in terms of funding as the United Nations, but we expect private sector to play its role. We expect public sector to play its role. In Africa, right now we have two countries that are leading in terms of affirmative procurement. In Kenya for instance 30% of public spend is earmarked for women, youth, and people with disabilities. South Africa also has preferential treatment for women. So, it's those critical partnerships that will allow us to have that critical mass of women that are economically empowered. And as a UN we, especially when women, we have a good understanding of what we call the gender machinery. We play a role of honest broker and that's how we put it together. It's a, it's a holistic comprehensive approach to be able to have impact.

The reluctance to invest outside of company plans may be related to women’s lack of confidence in their investing abilities, which can make them prone to procrastination. “Women hold back because they think they need to know everything before they invest,” says Alexandra Lebenthal, chief executive of Lebenthal & Co., a New York City money-management company. Krawcheck agrees, saying that wanting to know more before getting started can be a trap. “There’s always a desire to know more. But if you wait, it just gets harder,” she says.
Life expectancy is one of the many unpredictable variables at play. My mother-in-law just turned 100 – amazing! She never expected to live that long, and even if she did, how could she or anyone else effectively plan for the income needed to last all of those years? Meanwhile, my husband's sister passed away unexpectedly in her early 60s – a reminder that trying to anticipate our own mortality based on that of our immediate family members is pretty much futile.
I partipated of WHARTON’s Investiment Competition once and it was when I “fell in love” with business and financial area. Unfortunatly I did not got into the global final, but I got into the 20th first and participated of brazilian finals. It was a very enriching experience for me. I’m still in the second year of High School and intend to participate on it again. Now I’m searching more and trying to discover the best criteria of analisis of maket (what basically what I have to do to go better in the competition, if anyone here is interested in it or has tips, I’d be glad to know more and talk about (: ).
If you’ve invested long enough, you know that stock markets are prone to bubbles and busts (the sharp drop early in 2016 was an example of the latter). The problem for most of us is that we tend toward euphoria during bubbles and depression during busts. As a result, we often make the wrong decision at the wrong time—-that is, we tend to buy when we’re euphoric and prices are high, and sell when we’re depressed and prices are low.

The consensus among most financial professionals is that asset allocation is one of the most important decisions that investors make. In other words, your selection of individual securities is secondary to the way you allocate your investment in stocks, bonds, and cash and equivalents, which will be the principal determinants of your investment results. Figure out your goals and then allocate your assets accordingly.

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PIMCO’s global Inclusion, Diversity & Culture (IDC) initiative seeks to heighten our employees’ appreciation for diverse perspectives and skills, which in turn will facilitate increased collaboration and enhance our ability to attract, retain, develop, and engage top talent – all of which we believe will lead to better outcomes for our clients and PIMCO.
During my internship, my colleagues were very accessible, friendly, and treated me like a full member of the team, which was key when it came to deciding if I wanted to work here. From the first project I was involved in, my team listened to my opinion and copied me into emails to clients. I felt I was trusted and valued from the outset, which I didn't experience when I did internships at banks in France - it's part of the J.P. Morgan culture.
You also need to work harder sometimes in order to get recognition or get same bonuses. It might also be harder for you to find a mentor at workplace, but again you could solve those problems by working hard, finding mentors outside of workplace or developing mentorships slowly at work through developing your own brand and consistently proving that you are reliable.
The area where you might run into some issues is once you move up a bit. Not every guy reacts well by being told what to do by a woman. The best way to mitigate that isn't to do what some of my military peers did and react by trying to bark out harsh orders, since that usually comes across as being fairly obnoxious. A more pleasant and collaborative tone can go a long way...for most dudes as well.
Maybe you haven’t been getting great signals that your boss would be terribly receptive to the idea of you asking for a promotion. If this sounds more like your reality, then it may be wise to concoct a more long-term plan. Spend the next several months—maybe even the entire next year—anticipating your boss’s needs, doing your job to the absolute best of your ability, and sowing the seeds for popping the big “promotion question” next year. Like we said earlier, sometimes you need a plan, and there’s nothing quite as defeating or draining as asking for a promotion before you’re ready and meeting rejection.
MS. SPELLINGS: Well, in Charlotte you can't say that too much because we have people like Andrea Smith who are leading the Chamber of Commerce, and of course a woman that is the mayor, and the superintendent here is a woman, and one of my board of governors' members I think is here, Anna Nelson, and on and on and on, Ophelia Garmon-Brown who has been so instrumental in the economic mobility work here. But that notwithstanding, there are gaps and, you know, when you, and when you're in a place like Washington there is such a public service mentality and so many opportunities for women, we'll get into some of that, but I am puzzled by that, particularly when most, I mean women are going to college and getting out of college at rates that far exceed, and we need to work on our men obviously, but that exceed women. So, what happens between the time that we're getting out of college, attaining at high levels, and being in those leadership roles? We get lost. Right? Which is why programs like this are so important.
MS. SPELLINGS: I think if there's, if there's an age difference it's often the younger, the mentee helps keep the mentor real and relevant and current, which is a huge gift for those troglodytes in the audience. And I think it helps challenge your assumptions often. It allows you, as Christy mentioned, to continue to challenge yourself about the why, that you're not just so engrained in your initial vision that you forget to step back. We used to say in one of the programs I was involved in are you working in your business or on your business? And I think it lets the mentor work on your business and not in your business.

Money Motivation: “I had always thought about finance before this program with not such a positive lens. There are a lot of people who are focused on the money. That was one reason why I was intimidated by getting into finance to begin with. A lot of times those people can be very loud and overwhelming. It can give a negative perception of the industry. The people at Princeton pursuing finance are very intense. I was meeting kids who had been on a finance track for years and I wasn’t. I now realize that was a very skewed perspective of the industry. A lot of the asset managers and portfolio managers that we’ve met in this program came from a liberal arts background.”
Women control $11.2 trillion of investable assets in the United States, according to a study by Sylvia Ann Hewlett and Turner Moffitt at the Center for Talent Innovation. "Where investing is made accessible and approachable for women, women not only invest more but are better investors," said Sallie Krawcheck, the former top Wall Street executive now working on an online financial advisor called Ellevest, aimed at women, which is set to launch this year.

Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. The information has been obtained from sources we believe to be reliable; however no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Authors may own the stocks they discuss. The information and content are subject to change without notice.
Powered by Intuit Inc., the company that provides business and financial services for small businesses, freelancers and accounting professionals, this critically acclaimed financial planning app is an all in one. Featuring the basic financial necessities like tracking your spending, creating practical monthly budgets and checking your budgets from previous months, you can check your spending habits as well under the ‘trends’ section. They also provide a desktop feature, so you can manage your account on your computer.
11. Statistics Canada, “Occupation - National Occupational Classification (NOC) 2016 (693A), Highest Certificate, Diploma or Degree (15), Labour Force Status (3), Age (13A) and Sex (3) for the Labour Force Aged 15 Years and Over in Private Households of Canada, Provinces and Territories, Census Metropolitan Areas and Census Agglomerations, 2016 Census - 25% Sample Data,” 2016 Census (2017).

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