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consumer-affairs

Covering the financial markets intelligently

Source: JournalistsResource.org

Reporting intelligently about the financial markets has become increasingly important as more people have added stocks to their financial portfolios. Just 40 years ago less than 20% of U.S. households had some sort of stock ownership; now more than half do. While stocks are the most widely known financial product traded in the markets, others include bonds (debt, essentially), commodities and futures contracts, and currency.

Saving for retirement: Overcoming human biases and knowledge deficits

Source: JournalistsResource.org

The societal shift from defined retirement benefits (pensions) to contribution retirement savings mechanisms — for example, the 401(k) — has placed a greater burden on the decision-making capacity of Americans. As this dynamic continues to unfold, evidence suggests that many people are not making wise investment choices for their retirement money.