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A Majority of Investors Don’t Understand This Key Fact About the Stock Market. That’s a Huge Problem

By Ryan Derousseau

The robo-advisor Betterment surveyed 2,000 investors above the age of 18 to gauge their lingering feelings about the financial crisis. Since the market crashed, 48% of respondents in Betterment’s survey didn’t know whether the market had gone up or down.

Furthermore, 16% of people thought the market had fallen.

“Consumers feel [the market] is too risky,” says Dan Egan, director of behavioral finance and investments at Betterment. “They don’t realize where it has gone.”

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This article originally published September 17th, 2018 on MONEY


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