This week we are joined by Ashley Blanco of New York Life and MainStay Funds. Ashley is an expert when it comes to women in finance. On this episode of the Mind of a Millionaire we get to discuss the statistics, common misconceptions, and things to stay mindful when it comes to women in investing.
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Ashley’s perspective on women and investing [0:55]
The increase in women’s wealth [1:52]
Investing vs. saving [4:07]
What steps should women take to make sure they’re fully invested and learning about this? [4:19]
Why is it important to set goals? [5:31]
- What’s important to you?
- Suddenly Single [7:39]
- What’s the first thing you should do?
- Married Contributor [8:46]
What resources are there for a spouse who wants to learn more about finance and investing? [9:28]
- Married Breadwinner [13:17]
- Single Breadwinner [15:23]
Why do women typically have a better long-term average return than men? (Forbes) [16:29]
Of assets controlled by women, 71% are in cash. (Ellevest) [18:59]
Where can you learn more about Ashley Blanco? [19:52]
Thank you for joining us on the show, Ashley!
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Ashley Blanco, New York Life, and MainStay Funds are not affiliated with LPL Financial and Denver Wealth Management.
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