Two challenges. Lack of confidence, poor investment advice
September 11, 2020
I’m Miriam Neff-with STARTING OVER FINANCIALLY, and I’m Valerie Neff Hogan, and we’re here to talk about money
M Today we’d like to address two challenges women face. First research shows we are less confident about financial matters than men. The result is we depend on another persons recommendations, often to our detriment. Second, advice from others to women differs from advise to men.
V Women are often advised to invest in lower return products usually reducing long term gains. Women entitled to life insurance money are often pressured to purchase annuities from that company rather than take the funds and invest them for higher returns. Learning, knowledge and wisdom are our protections.
M Scripture commends those who steward wisely and increase what God has entrusted in Matthew 25. Annuities seldom are your best choice. Look at a broad range of investment types.