Читать книгу Financial Security For Dummies - Eric Tyson - Страница 11

Grasping financial lingo and trends

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Personal financial knowledge and literacy is an enormous obstacle for too many people, including those who have invested tremendous time, energy, and money into their formal educations. Unfortunately, such education rarely includes the vital topic of personal finance.

Ubiquitous gurus are another common obstacle. Everywhere you look, especially online and in the media, there are plenty of anointed experts predicting what will supposedly happen with the economy, financial markets, and all sorts of other economic variables. Listening to all these supposed experts and their often-conflicting opinions can paralyze you or make you feel that you need to hire them (or others like them) to manage your money since it appears that they know so much more than you do.

In reality, it’s important that you develop a personal financial plan of action that suits your goals, needs, and concerns and doesn’t involve jumping into and out of investments based upon short-term noise or news events.

Financial Security For Dummies

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