We already have one blog reader that has won the NAAIM prize for best paper, let’s get another! Deadline is March 2011 and the prize is $10k.
I have long believed there is an opportunity for online education surrounding investing and personal finance. A few different sites have investing/finance as a component of their offerings (like Sympoz and MIT Open Course) but I have yet to see the “Rosetta Stone” of investing education.
I actually didn’t know FQ took over a mutual fund as sub until a reader left a comment on the blog.
Here is an older PDF “Balancing Betas“.
Great post on just how little people understand about investing. Wow. From the Dorsey Wright folks:
“If interest rates rise, what will typically happen to bond prices?
18% – They will rise
28% – They will fall
5% -They will stay the same
10% – There is no relationship between bond prices and the interest rate
37% – Don’t know
2% – Prefer not to say
The heinous data above comes from Finra’s newly released Financial Capability Survey: only 28% of the national sample of more than 28,000 adults had a clue that bond prices would fall if interest rates went up. This strikes me as a pretty good argument to get a competent financial advisor.
In unrelated news, 67% of respondents rated their overall financial knowledge as “high,” and 75% endorsed the statement, “I am pretty good at math.”
The financial market is a really expensive place to get an education.”
Many investing blogs and websites exist for the purposes of investor education, and many are professionals that are supposed to have a fiduciary duty to their clients. If you write an investment blog or run an investment website and also run Google Ads such as the below on your site I can’t take you seriously. It’s embarrassing.
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What are today’s top 3 hot stocks? Top 3 penny stocks gaining fast.
Up 1,381% since inception