If there was only one idea that I could convey to you, it would be this: Do not leave the responsibility for your financial livelihood in the hands of others. Not only is it completely inappropriate, but you can do much better than the so called “professionals.”
Have you ever wanted to be a business owner? Well, congrats … you already are. The minute you have even a few thousand dollars to your name, you’re officially a professional money manager running your own investment firm. Of course, you probably don’t see it that way, but that’s because you haven’t been enlightened yet. No one has ever spelled it out for you before. Well … it’s time to fix that.
You’ve heard of the gender pay gap, but are you aware of the gender investing gap? Put simply, women do not invest to the same extent that men do. As a result, when retirement rolls around, women end up with only two-thirds as much money in their portfolios. This is a BIG problem, especially when you consider that women in the U.S. tend to live on average 6.5 years longer than their male counterparts.
