How the Financial Crisis Still Affects Investors
By Avi Salzman
For many Americans, the market’s gains simply haven’t registered on an emotional level. Of the 2,000 people who recently took a survey commissioned by robo-advisory firm Betterment, 48% thought the stock market had not gone up at all in the past 10 years, while 18% actually said it had gone down.
“People who aren’t saving and investing don’t know that they just missed out on 200% returns over the past decade,” says Dan Egan, the director of behavioral finance at Betterment. “They’re probably going to continue to not save and invest in the future.”Read the Original Article
This article originally published September 7th, 2018 on Barron's