Before we flip our calendars to 2011, we'd like to take a moment to fondly reminisce about the investing year that’s now coming to an end. Umm …
OK, well, unemployment continued at high levels. The housing market continued to cause problems. There was the whole BP and friends thing, gushing nearly 5 million barrels of oil into the Gulf of Mexico. And all that arguing -- about inflation vs. deflation, economic policy, the death of the individual investor, QE2, and skyrocketing debt and deficits. Oops, almost forgot about sovereign debt concerns and the “flash crash.”
So maybe being an investor in 2010 wasn’t all that fun. But even if 2011 delivers more of the same, there are some things you can do to make it your best investing year ever. How? Invest more like us women!
Boy investors vs. girl investors: We win!
A little skeptical, are you? Well, does an extra 3% on top of your returns make the idea more enticing? Because that’s the kind of competitive advantage women bring to the table.
A study from Bloomberg and the National Council for Research on Women showed that from 2000 to mid-2009, women-run hedge funds’ performance averaged 9% annually, versus less than 6% among funds run by men.
That’s some serious girl power at work, and why we think that all investors -- regardless of gender -- would do well to inject a bit of estrogen into their stock-picking strategy. Here are three tips to help you do that.