Well this statistical analysis supports our belief that investment success is driven more by years in the market versus trying to time the markets. Based on the study they found that female customers traded 50% less than their male counterparts and that this helped explain a lot of the better performance.
The critical factor behind this outperformance was their more disciplined and longer term investment approach by not trading the portfolio as much. And based on recent findings from Fidelity, this could be a good thing for investors and the broader investment community.įidelity Investments recently published a report titled, 2021 Women and Investing Study, which had some pretty interesting findings and proof that women, generally, make for better investors.įidelity completed a detailed analysis of 5 million customer accounts over a 10-year period and found that women outperform their male counterparts by 0.40% annually. Thankfully this is changing as more women enter the investment industry and break through the proverbial ‘glass ceiling’. Having worked on Bay Street for the last 25 years I know firsthand how male dominated our industry is.
0 kommentar(er)
