What You Think You Know About Money, but Don’t, Can Hurt You
I think many regular TSP Talkers knew this...The study found that 76 percent gave themselves a “very high” rating on financial knowledge in 2015, compared with 73 percent in 2012 and 67 percent in 2009. And while 81 percent of Americans rated their own financial behavior positively, the study found a “potential disconnect between perceptions and actions in day-to-day financial matters.”
http://www.nytimes.com/2016/07/24/yo...-you.html?_r=0The worst performance was on a question about how bond prices respond to rising interest rates. Only 28 percent of people in 2015 got that one right.
Tom
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I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
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