I encourage women to create a financial plan even if they are now in a committed relationship. Your financial plan should include your ability to own a home, take a five-star vacation and, of course, retire without the fear of outliving your money.
As more women face the challenge, the proverbial glass ceiling will keep cracking and hopefully, one day it will break apart. Until then, don't be afraid to take risks and nurture your ideas. They might just hatch.
The study says for men in finance, all it takes to earn an investor's trust is the right connections -- not whether you are actually good at your job or not. For the ladies on Wall Street, it is all based on performance.
What if Facebook's all-male Board of Directors had chosen a female investment banker to head up their ill-fated IPO? What if the "London Whale" or his male boss had been a woman? What if Enron's bad boys had been girls?
Optimism is an attitude. Overconfidence is an error in calculating statistical probabilities. As you think about the value of being optimistic, I encourage you to make a distinction between optimism and overconfidence.