US Retail Investors Express Concerns About Financial Futures, 80% Save for Retirement
Retrieved on:
Monday, July 3, 2023
PALO ALTO, Calif., July 3, 2023 /PRNewswire/ -- Online trading platform moomoo, an intuitive investment and trading platform providing investors with pro-grade, easy-to-use tools, data, and insights, recently released results of its first Personal Finance Survey of US moomoo users.
Key Points:
- Here are additional key findings:
Mooers with advanced degrees are more worried than average about their financial futures. - Financial news is the most used source for financial knowledge and mooers also improving their financial literacy by talking to friends (8.4%) and families (6.0%) and learning from influencers (6.4%).
- Financial education plays a big role in the perceived level of financial knowledge with respondents expressing interest in a wide variety of personal financial topics.
- With a better understanding of financial markets, we believe investors will be better able to navigate their investing journey amid market turbulence," Zacks added.