A Big Investing Mistake Couples Make

Different investing strategies can lead to headaches.

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Men and women just aren't on the same page when it comes to investing, says SmartMoney magazine. According to their survey, husbands are more willing to take financial risk when investing than their wives (62 percent for men versus 19 percent for women).

If you and your partner have completely opposite investing philosophies, it pays to (surprise!) sit down and talk about your goals and time frames. Christine Larson, coauthor of The Family CFO, tells SmartMoney: "You could be completely risk averse with money you need for next year, but you can be a huge risk-taker with money you're saving for retirement."

In other words, distinguish between short-term, midterm, and long-term goals and invest accordingly. Or, as the story suggests, you could go your separate investing ways and just review your portfolios once a year to make sure they balance each other out.