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August 23, 2006 Males Are More Active InvestorsInvestment Attitudes And Activities Across Genders And Generationswith Eric M. Dolan, Peter Hult |
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We compared investment attitudes and activities for males and females across five generations of consumers: Gen Yers (18–26), Gen Xers (27–40), Younger Boomers (41–50), Older Boomers (51–61), and Seniors (62+). Our findings: Males are more involved in investment decisions, are less risk-averse, are more likely to buy and sell investments, and are more likely to handle investment activity online than their female peers. While that makes males good targets for investment marketers, firms may also want to take advantage of female Boomers' risk aversion and Seniors' online proclivity.
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Financial Services, Financial Services Marketing, Investments
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