86% of Americans cannot answer these basic financial questions. Can you?

Below is a simple 5 question quiz presented to 25,000 Americans. Only 14% got all 5 answers correct.

We have also updated this to include the new “bonus question”available.

This is troubling because not understanding these topics can have a profound impact on your future investing success.

A lot of families handle their own finances, so it is imperative that the basic topics covered here are understood. At Begin To Invest, I want to empower people to have the confidence to handle their own finances and be able to do it well.

Here, we discuss the topics covered in the 5 question quiz in detail, to ensure you understand these concepts.

Click Here to Take the Quiz

How Do You Outperform the Average Investor? Do Nothing

New research on the St. Louis Federal Reserve’s blog takes a look at the cost of investors’ attempts to try and time the market and chase market returns. The result? The average investor underperformed the market by 2%! [continue reading…]