Older Investors Prone To Financial Overconfidence, Risk-Taking: FINRA

Older U.S. Investors may engage in more risky financial behaviors as they continue to age and face diminished financial knowledge, according to new research from the Financial Industry Regulatory Authority Investor Education Foundation, in collaboration with researchers from Duke University and Rush University Medical Center. The study, ‘Does Overconfidence Increase Financial Risk Taking in Older Age?,”…