Investing in Your Financial Literacy
Investing in your own financial literacy might be one of the best investments that you can make. If you’re watching my videos I’m probably preaching to the choir, but around two-thirds of adults worldwide are financially illiterate. Even in Canada, one of the most financially literate countries in the world, about a third of the population is financially illiterate. Financial literacy is broadly defined as peoples’ ability to process economic information and make informed decisions about financial planning, wealth accumulation, debt, and pensions.
Referenced in this video:
Optimal Financial Knowledge and Wealth Inequality: https://repository.upenn.edu/cgi/view...
FINANCIAL LITERACY, RETIREMENT PLANNING AND HOUSEHOLD WEALTH: https://gflec.org/wp-content/uploads/...
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MEASURING THE FINANCIAL SOPHISTICATION OF HOUSEHOLDS: https://www.nber.org/system/files/wor...
What Do the Portfolios of Individual Investors Reveal About the Cross-Section of Equity Returns?:https://papers.ssrn.com/sol3/papers.c...
Investor Sophistication and the Home Bias, Diversification, and Employer Stock Puzzles: http://www-personal.umich.edu/~mkimba...
Presidential Address: The Cost of Active Investing: https://onlinelibrary.wiley.com/doi/a...
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Investment Literacy, Overconfidence and Cryptocurrency Investment: https://papers.ssrn.com/sol3/papers.c...
THE CAUSES AND CONSEQUENCES OF FINANCIAL FRAUD AMONG OLDER AMERICANS: https://crr.bc.edu/wp-content/uploads...
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Individual differences in susceptibility to financial bullshit: https://www.sciencedirect.com/science...
Measuring financial well-being: https://files.consumerfinance.gov/f/2...
Financial Well-Being of the Millennial Generation: An In-Depth Analysis of its Drivers and Implications: https://gflec.org/wp-content/uploads/...
Bitcoin Awareness, Ownership and Use: 2016–20: https://www.bankofcanada.ca/wp-conten...
FINANCIAL LITERACY AND RETIREMENT PLANNING IN THE UNITED STATES: https://www.nber.org/system/files/wor...
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