Apparently women are better investors than men, which is odd because I thought that it would be the other way around. In my family, my mother manages the finances because, according to my father, she somehow always manages to make good decisions while he messes them all up. I guess it would have to do with the fact that men are very prideful and don't ask questions, also women are generally more meticulous in everything they do, so they are less likely to take risks or make a decision without being well-informed. It might just be "woman's intuition".
Looking at my personal expenses, I realized that I don't actually spend that much money. During the week, I don't really buy food or anything because I bring my own to school. During the weekend, I spend money when I go out with my friends on food and random things. Usually, during the weekend I spend less than $50. Also, my mother makes me save money every three months, so usually I think about how much money I have left before I spend it. Having to write down everything I buy also affects how much I spend.
I read the Couch Potato Crush Hedge Funds article and found out that hedge funds aren't usually successful and the people who invest in them don't usually make very much money. The Couch Potato portfolio, on the other hand, has been generating a lot of profit and has beaten the average hedge fund for the past ten years.
No comments:
Post a Comment