The paper also maintains that professional advice can complement investor education, but not replace it. Read the full article from ThinkAdvisor.
Estimated reading time: 0 minutes, 16 seconds
Knowledgeable Investors Generate Higher Returns
A National Bureau of Economic Research paper has concluded that knowledgeable investors generate 130 basis points more in annual risk-adjusted returns for their defined contribution retirement plans than less educated investors. So reports ThinkAdvisor.
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