15 April 2013
Investors gullible and naive - study
"Delegating responsibility for investment decisions make investors vulnerable to the choices of professionals, choices that may be opaque, shielded from market discipline or tainted by conflicts of interest." A study of investment behaviour illustrates 'terrible investment habits' of American investors and the need for impartial advice.
Labels:
Conflicts of Interest,
Diversification,
Fees,
Financial Advisers,
Performance,
USA