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Article

Selected Topics in Financial Literacy

John A. Haslem
The Journal of Wealth Management Winter 2014, 17 (3) 47-57; DOI: https://doi.org/10.3905/jwm.2014.17.3.047
John A. Haslem
is Professor Emeritus of Finance in the Robert H. Smith School of Business at the University of Maryland in College Park, MD.
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  • For correspondence: jhaslem@rhsmith.umd.edu
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Abstract

Financial literacy has become a major area of research in recent years, both in the investment and retirement literature with respect to the increasing complexity of financial products and need to save for retirement. Studies generally find individuals are financially uninformed and lacking in basic financial principles. This study discusses in depth research with detailed analyses of financial literacy, financial education, individual investment outcomes, genetic investment biases, and related issues. A vast literature concerning investor financial literacy and education exists, which the author discusses and puts into perspective.

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The Journal of Wealth Management: 17 (3)
The Journal of Wealth Management
Vol. 17, Issue 3
Winter 2014
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Selected Topics in Financial Literacy
John A. Haslem
The Journal of Wealth Management Oct 2014, 17 (3) 47-57; DOI: 10.3905/jwm.2014.17.3.047

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Selected Topics in Financial Literacy
John A. Haslem
The Journal of Wealth Management Oct 2014, 17 (3) 47-57; DOI: 10.3905/jwm.2014.17.3.047
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  • Article
    • Abstract
    • IMPORTANCE OF FINANCIAL LITERACY
    • FINANCIAL LITERACY, FINANCIAL EDUCATION, AND INVESTOR BEHAVIOR
    • FINANCIAL LITERACY, DUAL-PROCESS THEORY, AND INVESTMENT BEHAVIOR
    • FINANCIAL ADVICE AND FINANCIAL LITERACY
    • CONCLUSION
    • REFERENCES
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  • Two Book Reviews
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