Dividend logo

Financial literacy continues to be a big sticking point for most people.

The truth is, most people don’t have the knowledge or the skills needed to understand basic concepts of saving and investing, which is a huge problem facing society today.

While the general perception is that “investors” are more sophisticated than regular “savers,” a new survey shows that the other side has their issues as well. Investors need plenty of remedial courses when it comes to financial literacy. Without gaining such knowledge, we’re all prone to mediocrity.

Be sure to visit our complete recommended list of the Best Dividend Stocks.

Substantial Room for Improvement

Ask any investor how confident they feel about grappling money management topics and they’ll quickly tell you that they have it under control and have a deep knowledge-base on a variety of subjects under the heading “investing.” Unfortunately, that would be a lie. It turns out, investors are pretty clueless about a whole mess of investing topics, from diversification to risk management. Shedding light on the problem is a new survey from mutual fund manager AMG Funds.

To read the Full Story, Go Premium or Log In

Popular Articles

Practice Management

3 Must-Read Pieces for Practice Management: April 22 Edition

Every two weeks, we bring you a curated list of must-read articles geared towards helping you...

News

Lowe's Companies Inc. Leads 35 Securities Going Ex-Dividend This Week

There are 35 securities going ex-dividend this week starting Monday, April 22. For income...

Premium Healthcare%20sector
News

The Market Wrap for April 19: Healthcare Drags the Shortened Trading Week

The long-awaited binge of quarterly reports is finally here. So far, the earnings picture has...