‘Self-directed’ investors lying to themselves
November 14, 2014 by Danielle Andrus
Many investors consider themselves self-directed, but research from Hearts & Wallets shows they aren’t actually going it alone.
A report released Wednesday found that although more people said they manage their own investments now than two years ago, they’re taking a “general contractor” approach by using online and paid advice to help direct their thinking.
In the most recent survey, 46 percent of respondents said they used online content as a source of investment advice and information, followed by 45 percent who said they use a paid advisor.
Originally Posted at LifeHealthPro on November 14, 2014 by Danielle Andrus.
Categories: Industry Articles