£133.59

Brand: Nova Science Pub Inc Nova Science Financial Literacy Retail Knowledge Levels Book

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Description

Understanding personal finance is more important today than ever before. As retirement programs in the United States shift from employer-managed defined-benefit plans to employee-managed defined-contribution plans, the responsibility for investment success rests on the individual. This book by Nova Science Pub Inc examines the financial literacy of retail investors in the United States to determine how well they can manage these responsibilities. Financial literacy is defined as the ability and confidence to use knowledge related to personal finance concepts and products. This text explores the current levels of knowledge among retail investors and identifies their specific information needs within the landscape of financial institutions and services. By analyzing how investors apply their knowledge, this work provides a clear look at the challenges faced by individuals navigating modern investment environments. It is an essential resource for understanding the gap between financial knowledge and the practical application required to make informed decisions in a changing economic landscape.

Key Features

Examines the shift from defined-benefit to defined-contribution retirement plans in the United States.

Analyzes how retail investors apply knowledge to personal finance concepts and products.

Identifies specific information needs and knowledge gaps within financial institutions and services.

Evaluates the level of confidence investors have when making financial decisions.

Provides a detailed assessment of retail investor literacy in the current US economic climate.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
01 March 2013
Listed Since
04 October 2012

Barcode

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