In the first part of this article, we discussed how women have challenges that are different from men when it comes to building wealth. The following strategies may also be helpful: Creating a spousal IRA, setting up health savings accounts, and claiming Social Security to maximize your benefits.
As investors, women have to deal with challenges that are different from those facing most men. Unequal pay, limited employment opportunities, and glass ceilings often reduce their lifetime earnings. The demands of pregnancy and childcare, most recently evident during COVID when women sacrificed work opportunities to care for homebound children in far greater numbers than their male partners, further widen the economic gap. Womens’ healthcare costs also tend to be higher, and because of a longer life expectancy, their assets need to last longer.
The rapid growth in ESG products makes them increasingly easier to deploy in investment portfolios. It also helps ensure that your values can be expressed in a way that helps you meet your financial goals. Along the way, these strategies are creating change and can make your money a force for good.
WHAT IS CRYPTOCURRENCY? Here's a quick guide to all your key questions about cryptocurrencies!
The first quarter of 2021 was marked by a sea change in financial markets around the world. Equities continued to power higher on the back of a recovering global economy, and the MSCI All-Country World Index gained +4.57%. Conversely, improving growth expectations contributed to a significant increase in interest rates, pushing the broad bond market down by over 3%.
2020 was a year of loss, upheaval, and adaptation with few parallels in recent history. For investors, it was a year of radical uncertainty and extreme volatility, including the steepest market decline and the swiftest recovery ever, a global economic shutdown, and monetary and fiscal stimulus programs that dwarfed all precedents. In the US, we lost 22 million jobs and regained 12 million, impeached one president, elected his successor, and marched by the millions to protest racism and police violence.
Despite 2020’s volatile mix of ingredients, the third quarter was a period of relative calm for investors.
The COVID-19 pandemic has delivered a historic shock from which the global economy continues to reel.
The market convulsions of the past two months have been unusual by any standard. Only twice before, in 1929 and 1987, have investors experienced comparable volatility.
Global financial markets enjoyed an exceptionally strong year in 2019, with positive returns from every asset class.
Stock markets were mixed in the third quarter, with US equities up slightly and international stocks losing ground.
The current US economic expansion is now 120 months old, vying with the 1991-2001 period as the longest in post-war history. Stock markets recovered from their May sell off and inched higher by the end of June.