When it comes to personal finance and managing investments, there are distinct differences between men and women.

Take a look at investing, for example. When we evaluate how investment clubs have performed, we know that women are doing something right - through the end of 1999, they had generated average lifetime gains of 32.1%¹ a year, some 8.9 points better than the all-male clubs and nearly five points better than co-ed clubs^1a, according to the National Association of Investors Corporation.

And that's not all. Women see themselves less likely to be risk takers than men are. 31.8 percent of women labeled themselves conservative investors, compared with 21.7 percent of men.2 Women take more time to investigate before they invest than men do. One study found that women spend 40% more time researching a mutual fund before they invest. What's more, they tend to be less impulsive and less inclined to act on a hot tip then men are.3 Women are less confident in their investing abilities than men are. Only 55.7 percent of women feel confident about their investing abilities versus 64.4 percent of men. 4 Women invest online more than men do. The rate of women investing online is growing faster than men.5 But the differences don't end there. Learn more.