Study's findings: Investors under 30 years of age: Lack Knowledge. Investors between 30 and 40: Lack Time. And investors over 50 years of age: Lack Trust.
Compared to men, women are more likely to have their investing confidence impeded by a lack of investing knowledge and because they do not understand investment terms. Female respondents are also more likely to categorize their knowledge as low.
The U.S. economy continues to lose momentum despite the Federal Reserve’s use of conventional techniques and numerous experimental measures to spur growth. In the first half of the year, real GDP grew at only a 1.2% annual rate while real per capita GDP increased by a minimal 0.3% annual rate. Such increases are insufficient to raise the standard of living, which, as measured by real median household income, stands at the same level as it did seventeen years ago (Chart 1).