By Mike Flannagan, News-Sentinel business writer Women are less inclined to become emotional over a hot stock tip, and women's investment portfolios gained 1.4 percent more than men's between 1991 to 1997. Financial adviser Gail Canada thinks they might be. They are not easily swayed or tempted by whatever comes across the news wire. The numbers alone favor women to become a major force in the investment world.
Women outnumber men in the baby-boom generation, and women, on average, outlive men by seven years.
With the unemployment rate low, there are more women in the work force. The two financial advisers will speak at the Women Today Expo on Saturday, March 17, at the Knoxville Convention Exhibition Center. Women bring more to the investment table, but they also face more challenges getting there, Canada said. Many women put their careers on hold to raise families, and even now women only make 72 cents for every dollar that men make. As a result, retirement benefits for women are generally only about 25 percent of what men receive.