Report: Retail Investors’ Viewpoints on the Upcoming Election and Artificial Intelligence
A new report from Public highlights that retail investors remain split on their investing habits in an election year with rising enthusiasm for AI-driven investment research
NEW YORK, Oct. 10, 2024 /PRNewswire/ — Public, an investing platform that lets members invest in stocks, ETFs, crypto, options, and bonds with deep fundamental data and custom analysis powered by AI, surveyed 1,300+ retail investors to compile its annual investor report. The report’s key findings dive into investing in AI, using AI for research, and how retail investors are thinking about the upcoming election.
Key insights around using AI to conduct research
Retail investors are beginning to use AI to conduct investment research, and many plan to adopt AI for investment research in the coming years.
- 64% of investors believe that AI will be a standard tool for investors in the future.
- 50% of investors are likely to use AI tools in the future to process financial information.
- 38% of investors believe one of the benefits of using AI is that it’s quicker to process information compared to Google searches.
Key insights around investing in AI
Despite NVIDIA becoming a household name for retail investors, investors aren’t as excited about other AI companies or technologies when investing in them.
- 35% of investors state that new AI technology excites them.
- 30% of investors have purchased a company’s stock because of its AI capabilities.
- 52% of investors are bullish on AI companies’ stock performance.
Key insights around investing in an election year
Retail investors are split about the election and how it impacts their investing strategies. While most are continuing business as usual, some are adjusting their approach—either ramping up or scaling back their activity.
- 63% of investors state that the election does not impact their investing strategy.
- 12% of investors state they are investing more this year due to the election, and 12% say they are investing less due to the election.
Key insights around the economy
- 45% of investors say that the Federal Reserve cutting interest rates does not impact their investing strategy.
Access and download the full report here.
About Public
Public is an investing platform that makes building a multi-asset portfolio fast, secure, and frictionless. Members can invest in stocks, options, bonds, crypto, and a high-yield cash account—all in one place. Members can also access real-time and historical fundamental data and custom analysis with Alpha, the AI for investors. At Public, we’re committed to creating a more transparent investing experience that is consistently aligned with our members’ best interests.
Disclosures
All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Brokerage services for alternative assets are offered by Dalmore Group, LLC, member FINRA & SIPC. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1828849), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrency holdings are not protected by the FDIC or SIPC. Treasury accounts offering 6 months T-Bills are offered by Jiko Securities, Inc.,member
FINRA & SIPC. Securities in your account are protected up to $500,000. For details: www.sipc.org. Banking services and the Bank Accounts are provided by Jiko Bank, a division of Mid- Central National Bank. For U.S. Investments in T-bills: Not FDIC Insured; No Bank Guarantee; May Lose Value. Treasuries risk disclosures, see https://jiko.io/docs/treasuries_risk_disclosure.pdf. See public.com/#disclosures-main
Contact
Rachel Livingston
press@public.com
SOURCE Public
