Women and Money: Strategies for Closing the Wealth Gap

Speakers: Iskra Lawrence, Model and Entrepreneur; Cyndi Ramirez, Founder and CEO of Chillhouse; Haley Sacks, CEO and Founder of Mrs. Dow Jones; and Angela Yee, Entrepreneur and Host of “The Breakfast Club”

Women invest 40% less than men on average, which means they stand to lose out on as much as $1 million in wealth creation over the course of their lifetimes. Women are also less likely to discuss their finances with their friends, which can lead to missed opportunities in education and the benefit that one can glean from shared perspectives.

These stats are disappointing but not surprising. Historically, the stock market has been a homogenous place that has been made to feel complex and intimidating to people outside of the stereotypical culture. Only 7% of Fortune 500 CEOs are women, and the financial sector has long been dominated by men.

The flip side of this is that women have proven to be incredibly capable investors. Goldman Sachs recently reported that women-led fund managers were outperforming men. Cathie Wood, founder and CEO of Ark Invest, has become a cult icon among investing circles. And earlier this year, Whitney Wolfe-Herd became the youngest woman to ever lead a company to IPO.

Join Public.com, the investing social network, and an incredible lineup of women to unpack ways to take control of your financial future. 

This talk is for educational purposes only. It is not intended to be investment advice. When it comes to conversations about the stock market, past performance does not guarantee future results. The opinions of guest panelists are their own. For more information, see Public.com/disclosures.

Topics covered

  • Getting started in investing: first steps, resources, and ways to build financial literacy
  • Money talks: How to navigate conversations about money and finances so you can benefit from sharing ideas
  • The psychology of money: How our emotions influence how and why we spend our money & approach investing

Speakers

Iskra Lawrence

Model and Entrepreneur

Cyndi Ramirez

Founder and CEO of Chillhouse

Haley Sacks

CEO and Founder of Mrs. Dow Jones

Angela Yee

Entrepreneur, investor, and host of “The Breakfast Club,” a nationally syndicated radio show with more than 8 million listeners