Advising the Windfall Willies…

December 1998
Journal of Financial Planning;Dec1998, Vol. 11 Issue 6, p15
Academic Journal
This article presents the result of a survey by the Forum for Investor Advice, which revealed that people are more anxious about receiving financial gain than one might think, but at least a lot of them are investing some of their money and they are relying on financial partners for help. The survey looked at the people who had received large cash pay outs from lump-sum retirement plans, inheritances, divorce settlements, stock options, insurance settlements and other financial gains. Only 14 percent of the people surveyed, half of whom earned less than $50,000 a year, considered themselves at least very knowledgeable in investing.


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