Bronwyn Bruce

Well, up to 40 is great and then slightly less up to 55.

And once you hit that, you need to really come down to be more defensive because you'll be taking that money out in five, ten years.

Yeah, but I think there was modelling done where they were looking at, you know, like 90% aggressive investment.

Mm-hmm.

for 40, 50-year-old people.

That's not financial advice.

Yeah, that's what I found.

So, you know, because the super gap, other research shows, this is from the Melbourne Institute, that by the time men and women are 40, men have twice the super balance of women.

No, yeah, it's really hard.

And that's another thing I looked at a lot in the research is risk.

I mean people are very and, you know, there's studies that say women are more risk averse than men sort of in the immediate sense to do with like stock market stuff.

Yeah.

But I like to say women are more risk aware.

So they'll take more time, they'll do more research before they go and buy a share.

They're not going to be doing day trading and, you know, GameStop or whatever.

Yeah.

And then they don't trade as much.

So actually in the long run, they come out better off.

But one of the codes that I coded a lot in the last few weeks was that shares as gambling.

Like a lot of women see investing in shares, aggressive assets as gambling.