Thursday, December 15, 2005

Do Investors Know What They Are Doing?

A Securities Investor Protection Trust quiz about investor "survival" skills indicated mixed results. Only about one fifth of investors engaged regularly in reading prospectuses, checking the disciplinary record of brokers and having a financial plan with men doing marginally better than women. One good point: almost three-quarters of those surveyed had a reasonable understanding of the value of diversification.


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