Who’s the Better Investor – Men or Women?

Who’s the Better Investor – Men or Women?

August 26th is Women’s Equality Day. According to the NWHP website, “the date was selected to commemorate the 1920 certification of the 19th Amendment to the Constitution, granting women the right to vote. This was the culmination of a massive civil rights movement by women that had its formal beginnings in 1848. The observance of Women’s Equality Day not only commemorates the passage of the 19th Amendment but also calls attention to women’s continuing efforts toward full equality.”

Society has come a long way since the 1920s and so has the way we trade the global markets. But what hasn’t changed is what trading success looks like. Traders need to win more than they lose.

So that begs the question– Who’s the better investor? Men or Women?

If your instant reaction was men, you are wrong. According to a new report published by Fidelity, “women actually tend to outperform men when it comes to generating a return on their investments.” In 2016, women investors performed better than their male counterparts by 40 basis points, or 0.4%. However, only “a mere nine percent of women thought they would outperform men.”

The Fidelity report also found that women tend to save more than men over the course of their careers. Women typically save 9% of their paycheck compared to 8.6% of men. Coupled with higher savings rates and smarter investing, Fidelity demonstrated the drastic differences in wealth between men and women.

Women's Equality Day

The VantagePoint Difference

Putting gender aside, VantagePoint Software has helped more than 25,000 traders across the world achieve trading success. Founded in 1991 by software pioneer Louis B Mendelsohn, VantagePoint uses the power of Artifical Intelligence to analyze the globally-connected markets. That deep learning using neural networks gives the software the ability to predict market trends and direction 1-3 days in advance with up to 87.4% accuracy. Simply put, VantagePoint helps traders (regardless of gender) become successful in the ever changing markets.

Are you ready to learn how Artificial Intelligence can improve your trading strategy?

Sign up today to receive a FREE demonstration of VantagePoint. See how we use our Artificial Intelligence software to sift through massive quantities of financial data. The software will uncover the hidden patterns of movement and use that information to accurately predict market changes in advance.

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