In poker, risk is the ‘name of the game,' pro player says. How that applies to women and investing
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Women’s reluctance to take risks with their money could be holding them back from bigger financial gains. According to research, women tend to outperform men by 40 basis points when it comes to investing. A poker and chess pro highlighted the importance of balancing risk in financial decisions, stating that not taking any risks is also a risk in itself. Women often hold too much cash and are hesitant to invest, which can prevent them from benefiting from market opportunities. Experts suggest that taking calculated risks and investing in solid companies for the long term can lead to better returns.