Charles Schwab Women & Investing Workshop | Talks at Google | Summary and Q&A

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January 11, 2017
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Talks at Google
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Charles Schwab Women & Investing Workshop | Talks at Google

TL;DR

Two esteemed guests from Charles Schwab discuss the evolving investment needs of women and the importance of owning investment decisions.

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Questions & Answers

Q: How have you seen the investing needs of women evolve over the years?

Women tend to have a longer-term view, be more risk-averse, and rely on intuition when making investment decisions. They now control the majority of wealth globally, leading to increased access to resources and information for financial planning.

Q: Is it better to use auto-sale or sell shares on your own?

It depends on individual financial goals and circumstances. Auto-sale can be beneficial for those with restrictions or to ensure consistent contributions to long-term plans. However, it's important to consider diversification and consult financial advisors to make informed decisions.

Q: Is it advisable to invest in the tech sector if you work in the industry?

It's important to consider diversification outside of your industry to reduce risk and avoid relying solely on one sector. Investing in your own company's stock should be balanced with other investment options to achieve a diversified portfolio.

Q: How has the recent US election changed your outlook on the market?

The election result and subsequent market reaction were surprising, but the outcome may have triggered a rally regardless. The market is also observing a potential shift from monetary policy to fiscal policy, which could impact the economy and investment landscape.

Summary & Key Takeaways

  • Women tend to have a longer-term view on investments and be more risk-averse compared to men, making them better investors in many cases.

  • More women now control the majority of wealth globally, leading to increased access to information, education, and resources for financial planning.

  • Key components of a financial plan include setting goals, covering risks, managing cash flow, estate planning, investment planning, retirement planning, and goal-setting.

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