Life insurance is often viewed as a means of providing financial security for loved ones in the event of one’s passing. However, what many people may not realize is that life insurance policies can also serve as a strategic investment tool, offering a range of tax benefits that can enhance wealth accumulation and preservation.
Studies have shown that women make good investors. What's more, a study released by Fidelity Investments in 2021 found that investment accounts controlled by women outperformed those controlled by men by an average of 40 basis points over a 10-year period.
Yet the same study found that only 9% of women thought they made better investors than men.