I became very interested in investing when I got my first corporate job at 26. After doing a little on my own (all I could afford ), some friends and I started a club....that never actually invested in anything. LOL. We could never agree. I was a total numbers wonk who reviewed the annual reports and SEC filings and they liked David Yurman jewelry...but it was a privately held company ! But I did as much as I could afford on my own : 10 shares here, 25 there, and so on.
In college I worked part-time at the Limited and they used to offer stock instead of cash...and I took that. I have also owned stock in Ann Taylor, Chico's and Coach. I did really well with all of them, especially Coach. The tough thing with retail is you really have to watch it because you have to know when to get out. I was really lucky, I got out at the top.
Now I am more on autopilot. I don't have as much inclination to follow and research what I own so closely. So I only have one retail stock now : Avon.
I agree with the article that woman are more observant of what is going on around them. They are also more risk averse than man. So women, in general, are better and more patient investors than men.
If nothing else, these clubs can be very constructive in learning how to analyze a stock and manage costs.
I LOVE this kind of stuff.
