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

News

Hershey Co, Discover Financial Services and Expedia Group Increase Dividend

Each week, stocks, funds and REITs announce upcoming dividend payouts. Track how your portfolio’s...

News

Johnson & Johnson, S&P Global and Equinix Go Ex-dividend This Week

There are many securities going ex-dividend this week starting Monday, August 19. For income...

Premium Stock%20market%20index%20going%20down
News

The Market Wrap for August 16: The Signs Start to Flash Red

This week, traders were faced with a continuing deterioration in the global economy. Worries in...