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Founder of Learn to Trade, Greg Secker’s investment journey began with him working in IT on a trading floor supporting the largest currency trader in London. With no real knowledge of finance and a $5000 gift from his mother, Greg entered the trading game and joins the Nestegg podcast to discuss his journey to success.

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Having previously joined the show to share how he is making a full-time income in only a few hours a week, Greg Morgan also joins host David Stratford to share how Learn to Trade set him on the path toward financial success, and why mindset and positivity is key to success as a trader.

The pair will explain why the current climate is the perfect time to be trading, explain the 5-2-1 rule and why it is so important, and reveal what the best investors are doing to cement their success.

You can keep up to date with what Learn to Trade are up to HERE

Have an investment story to share? Get in touch at [email protected] and you might get featured on the next episode.

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Gender wealth gap narrows

By Cameron Micallef · November 01 2019

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Earn

Gender wealth gap narrows

By Cameron Micallef
November 01 2019

Reading:

Gender wealth gap narrows

By Cameron Micallef · November 01 2019

Reading:

The gender pay gap still exists but it is slowly narrowing as more women work longer hours and men shorten their working weeks, new research shows.

According to Roy Morgan’s Wealth Report, the wealth women hold has grown over the last decade to 88 per cent of that held by the average man.

Since 2007, women have increased their holding of wealth by 66 per cent, from $236,000 to $393,000.

During the same time period, men have boosted their wealth by 50 per cent, which has seen their net wealth grow from $296,000 to $445,000.

Roy Morgan CEO Michele Levine has said that “if you look at women in paid employment, it’s increasing with women more likely to be in paid employment today compared with 2007”.

“If you break it down further you find more women in full-time employment and part-time employment, [but] for men there’s more in part-time employment [and] slightly fewer in full-time employment,” she said.

However, the Roy Morgan report did reveal that the slow down in the national economy has hit women harder, with the long run trend showing women are being impacted by a weaker economy.

“Generally in society when times get tough, they get tougher for women, but I don’t think this the case [here],” Ms Levine indicated.

Roy Morgan’s figures indicate that this is due to the composition of wealth, with women holding a larger proportion of their wealth in housing, which has meant the housing slowdown has had a greater impact on their wealth.

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About the author

Cameron Micallef

Cameron is a journalist for Momentum Media's nestegg. He enjoys giving Aussies practical financial tips and tricks to help grow their wealth and achieve financial independence. As a self-confessed finance nerd, Cameron enjoys chatting with industry experts and commentators to leveraging their insights to grow your portfolio.