When a similar study was conducted five years ago, nearly 76% of investors could describe their investments.
Estimated reading time: 0 minutes, 16 seconds
Only 66% of American investors can describe the investment they hold in their portfolios, although 75% are familiar with their asset allocations, according to a study by research firm Hearts & Wallets. So reports CNBC.
When a similar study was conducted five years ago, nearly 76% of investors could describe their investments.