Madison Heights, Mich. (Oct. 30, 2003) -- Women and men view investing through very different glasses, according to a new Harris Interactive survey.
The poll of 1,035 investors who own stocks or mutual funds found that men are more confident about their investing abilities than women (62 percent to 50 percent). Women are also less confident that the economy is really improving, and don't enjoy investing as much as men, the study found.
While more than half of men, 62 percent, express confidence that the economy is turning around, only 50 percent of women agreed. The other 50 percent of women fell into the "not much/none" confidence group. Eighteen percent of the men were also more likely to have a "great deal" of confidence than women (5 percent), the study found.
The study was commissioned by the National Association of Investors Corporation and was conducted online in the first week of September.
-- WebCPA staff
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