Here is why it matters to you Let's assume the current increase in gasoline prices and the resulting pressure on the household goods decrease your savings by $100 a month. Taking the default values of Prosperity's Wealth Manager, the monthly contribution to your portfolio decreases from $500 a month to $400 a month. Figure 1 shows you the Wealth Manager simulation with $500 investments a month, and Figure 2 shows you the loss of future wealth due to the inflation pressure. |
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With modern communication technologies such as the Internet and mobile phones, the access to information is cheaper, faster and easier than ever. No wonder that financial education is exploding, with many investors going online to do some research on financial products before investing. However, financial education is still in its early stage, with many investors left unaware of the potential returns as well as the risks associated with investments. Government policies devote ever larger budgets to mass financial education programs |