Millions of Americans and countless others around the world invest in the U.S. equities markets, some directly, others through pension plans, mutual funds and other vehicles. While some investors rely on investment professionals for advice, others choose to chart their own investment course. But regardless of exactly where they invest and whose advice they seek, The Financial Industry Regulatory Authority, Inc. (FINRA) believes all investors should have access to basic educational information about investing. Read more about FINRA Investor Knowledge Quiz
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We recently sent an online survey of participants to help us gauge the effectiveness of our financial literacy classes and mentioned those who completed the survey would be eligible to win an ebook reader. Congratulations to the winner of a new Kindle, Pamela Lionel!
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Great article from Time on an easier way to save money:
The trick to making a savings plan stick is to think about small, specific steps that can be repeated over time," Leona Tam says. "When it comes to putting practical steps into place to make our savings goals happen, the future isn’t a great place to focus. Gazing off into the horizon can leave us tripping over our feet, so to speak.
1. Don’t ignore the detrimental effects of inflation on fixed income and financial assets. For example, as inflation increases, the required rate of return on bonds increases resulting in a decrease in bond prices.