Women's intuition
When you think of a typical stock-market trading floor, the image that comes to mind usually possesses a distinctly masculine air: hundreds of males jumping, shouting and pushing in a chaotic mosh-pit of capitalism. That stereotype may soon change however, as a study by DigitalLook.com showed brokerage houses might do much better with more women on the floor.
For the second year in a row, DigitalLook.com has found that women crush men when it comes to building successful portfolios. Their research, compiled from over 100,000 portfolios, showed that women invested far more wisely over the past year.
On average, women's portfolios grew more than 17 percent for the year ending May 27, 2005, while the FTSE All Share rose 13 percent and the average male's portfolio gained just 11 percent.
According to the report, women tend to build up a balanced portfolio, comprising shares in companies active in such sectors as food and drinks, leisure and utilities.
Men tend to follow stock-market 'fads', buying mining, as well as oil and gas stocks - sectors which often produce strong returns, but have been volitile as of late and have fallen sharply.
"Women really are the better sex when it comes to share investing. While men tend to take more risks with their hard-earned savings, women take a more balanced and considered view and time again it pays dividends," said Andy Yates, director of DigitalLook.com.
Both sexes can take heart in improving on last year though. On average, women's portfolios gained 10 percent in the last survey, while the FTSE All Share tacked on seven percent, and the average man's portfolio rose just six percent.
For the second year in a row, DigitalLook.com has found that women crush men when it comes to building successful portfolios. Their research, compiled from over 100,000 portfolios, showed that women invested far more wisely over the past year.
On average, women's portfolios grew more than 17 percent for the year ending May 27, 2005, while the FTSE All Share rose 13 percent and the average male's portfolio gained just 11 percent.
According to the report, women tend to build up a balanced portfolio, comprising shares in companies active in such sectors as food and drinks, leisure and utilities.
Men tend to follow stock-market 'fads', buying mining, as well as oil and gas stocks - sectors which often produce strong returns, but have been volitile as of late and have fallen sharply.
"Women really are the better sex when it comes to share investing. While men tend to take more risks with their hard-earned savings, women take a more balanced and considered view and time again it pays dividends," said Andy Yates, director of DigitalLook.com.
Both sexes can take heart in improving on last year though. On average, women's portfolios gained 10 percent in the last survey, while the FTSE All Share tacked on seven percent, and the average man's portfolio rose just six percent.
