Welcome to the Money Maven's Financial Blog

Money Maven Blog by Sheryl Sutherland, Authorised Financial Adviser and Director of The Financial Strategies Group

Friday, 1 October 2010

Why?

Why are men and women different – the perennial question!”Recently, the psychologist David Buss's team at the University of Texas at Austin reported that men, when looking for one-night stands, check out women's bodies. Surprise!Like many results in evolutionary psychology, this may seem blindingly obvious, but that does not stop it from being controversial. Earlier this month a neuroscientist in Britain, Gina Rippon, lambasted what she called the "neurohype" about sex differences: "There may be some very small differences between the genders,...

Womenomics

Human Rights Commission Equal Employment Opportunities Commissioner Judy McGregor says baby boomer women need to step aside to let younger women move up the ranks in both the public and private sectors.A recent letter to the editor asked if Judy McGregor was joking “Is she planning to step aside herself? Why should any woman give up her job for another? What is gained?How many men are planning to step aside so that younger people, men and women, can take their places? If she is serious, Ms McGregor has undoubtedly disqualified herself for the position...

Everyday Money

They say money can’t buy happiness. They’re wrong. At least up to a point. People’s emotional wellbeing increases along with their income up to about US$75,000 (NZ$103,700), researchers report in today’s edition of Proceedings of the National Academy of Sciences. For people making less than that, “Stuff is so in your face, it’s hard to be happy. It interferes with your enjoyment,” said Angus Deaton, an economist at Princeton University.Not surprisingly, someone who moves from a US$100,000 a-year job to one paying US$200,000 realises an improved...

Finance and Investments

It’s long been known that women make better investors than men, although frankly that’s not a particularly difficult thing to do as most males have the patience of a small child with a full bladder and a tendency to hair-trigger trading for all sorts of behaviourally induced reasons. However, what’s a bit more surprising is that this difference is seen in professional investment circles as well while at the same time biases against female fund managers ensure they have less money to manage more wisely.Female investment managers are more risk-adverse...

Who's Counting?

Women are poised to claim a majority of seats in Switzerland’s Cabinet, less than four decades after the country became one of Europe’s last to grant women the right to vote in national elections. A four-three split in favour of women today – and outcome favoured in opinion polls – would make Switzerland only the fifth country in the world to have a female majority in government, according to the Inter-Parliamentary uni...

Musings and Amusings

“Good morning, ladies and gentlemen. We are delighted to welcome you aboard Veritas Airways, the airline that tells it like it is. Please ensure you seat belt is fastened, your seat-belt is upright and your table is stowed, as your safety is our first priority. Actually, that isn’t quite true. If it were, our seats would be rear-facing, like those in military aircraft, as they are safer in an emergency landing. But then nobody would buy tickets and we would go bust.The flight attendants are now indicating the emergency exits. This is where you...