Women and Wealth

December 23, 2021

Investing in 2022: Trends to Watch

Today is a fascinating time for investors. Covid and the omicron variant are continuing to wreak havoc on public health, the labor market, the supply chain, and beyond. The world is driving toward cleaner energy. Big technology is bigger than ever. Inflation and rising prices are going strong. In this article, we’ll cover what we consider to be the top three trends to watch as we enter 2022 and our second calendar year of the pandemic.   Big Tech & Cryptocurrency According to CNBC in April 2021, investors put more money into stocks in the preceding five months than in […]
December 21, 2021

The Cobra Effect and Inflation

The Cobra Effect is an unintended consequence where unintended behavior is ignored, making a problem worse than it originally was. When Delhi India was under British rule in the late 1800s, Delhi was infested with Cobras. As a result, the British incentivized farmers and locals to kill cobras by paying them a bounty when they brought a dead cobra to them. This effort worked in the short-run, reducing the population of cobras in the area, but eventually it became hard to find cobras at all. Despite this, the people still wanted to make money from the bounty, and since there […]
August 6, 2019

Women and finance: Staying involved

In 1809, Mary Kies became the first American woman to hold a U.S. patent in her own name for her original way to weave straw with silk.    In 1825, Rebecca Lukens became the first female CEO of an industrial company in the United States, and was inducted into the National Business Hall of Fame in 1994.    In 1839, Mississippi passed the Married Women’s Property Act, which gradually strengthened women’s claims to ownership and financial independence.    Just think, this was all before women were even allowed to vote!    Women have been more than involved in business and […]
June 7, 2016
Women in Wealth. Women live longer and will need more money! TRUE Private Wealth Management LLC.

Women & Wealth Series Article 1

Women & Wealth Series – 1 of 10 When asked what financial advice women would pass on to their daughters or granddaughters, the top answer given was… “Don’t depend on others for your financial security.” What should you do? Take an active role in your own financial future. Make sure you are involved in your family investment planning and financial planning decisions. From my perspective as a Personal Wealth Manager, it’s quite unfortunate that many women aren’t involved until there’s a death, divorce, job loss, illness or other event that thrusts them into financial disaster planning mode.