Watch Out: This is the Age Where You Should Definitely Stop Trading Stocks

The American College of Financial Services
June 4, 2020

Trading stocks in the open market is becoming an increasingly risky proposition with the ongoing financial turmoil of the COVID-19 pandemic. However, a larger group of investors could be at risk from other factors than just market unrest, as a new study shows financial knowledge declining in people’s old age while financial confidence increases.

It’s a potentially destructive combination, and in a recent study, WMCP® program director Michael Finke writes advisors need to keep a closer eye on investing clients. Read more of the study in this piece from MarketWatch.

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