Please enable JavaScript.
Coggle requires JavaScript to display documents.
Lack of Education on Investing - Coggle Diagram
Lack of Education on Investing
Retail Investing
Retail vs Institutional Investors
Source 3: Explains the difference between retail and institutional investors and the battle they face in the trading market
Palmer, Barclay. “Institutional vs. Retail Investors: What's the Difference?” Investopedia, Dotdash, 8 Feb. 2022,
https://www.investopedia.com/ask/answers/06/institutionalinvestor.asp#:~:text=A%20retail%20investor%20is%20an,people%27s%20money%20on%20their%20behalf
.
Retail Investors at Disadvantage
Source 4: Shows that retail investors have less access to research as institutional investors. Also shows that fewer investment options are available to them
Hughes, William. “Institutional vs Retail Investors: Why Individuals Are at a Disadvantage.” Crux Investor, 14 June 2021,
https://www.cruxinvestor.com/articles/institutional-vs-retail-investors
.
What is a Retail Investor
Source 1: Used to explain what a retail investor is, to establish the problems of this community.
Hayes, Adam. “Retail Investor Definition.” Investopedia, Dotdash, 8 Feb. 2022,
https://www.investopedia.com/terms/r/retailinvestor.asp
.
Source 2: Used to further elaborate about retail investors, and how they differ from institutional investors.
Price, Mike. “What Is a Retail Investor?” The Motley Fool, The Motley Fool, 27 Oct. 2021,
https://www.fool.com/investing/how-to-invest/retail-investor/
.
Social Media Used as Investing Tool
Source 7: This source explains how retail investors are using social media to almost "crowd-source" their investing research. They are continually talking and analyzing companies and stock moves.
Huang, Daniel. “Retail Traders Wield Social Media for Investing Fame.” The Wall Street Journal, Dow Jones & Company, 21 Apr. 2015,
https://www.wsj.com/articles/retail-traders-wield-social-media-for-investing-fame-1429608604
.
Rise of Retail Investing
Source 11: This source looks at the recent rise of retail investing with Gamestop, AMC, and Dogecoin, all of which I also have personal experience in.
“The Rise of Retail Investing.” United Fintech, 15 Nov. 2021,
https://unitedfintech.com/blog/the-rise-of-retail-investing/
.
Young People and Money
High School Finance Class
Interview Mr. Hartman, High School Business Teacher: Mr. Hartman teaches a personal finance class at Columbus East in the C4 program, and it is effective at increasing financial awareness. Unfortunately this class is not required for students.
College Finance Class
Personal Experience: I took a required personal finance class last semester at BSU and it was an enlightening experience. It increased my financial awareness and financial well-being
Online Classes
Source 6: This source shows pros and cons of the 8 best online investing courses, to educate young and inexperienced retail investors.
Barr, Abigail. “The 8 Best Investing Courses of 2022.” Investopedia, Dotdash, 21 Dec. 2021,
https://www.investopedia.com/best-investing-courses-4783334
.
Young People's Financial Wellbeing
Source 5: This source discusses the impact that financial classes have on young people's financial wellbeing. It also recommends that required financial classes be used in education.
“Financial Education and Youth.” OECD,
https://www.oecd.org/finance/financial-education-and-youth.htm
.
Personal Experience
In my own personal investing journey, I used a lot of YouTube and self-teaching. My favorite and most helpful resource was InTheMoney on YouTube.
Solution
Required Finance Education
Source 8: This source discusses how only about 1/2 of the US states have stand-alone financial education classes. Only 7 states have the "gold-standard" for financial education classes.
Reinicke, Carmen. “25 States Have Introduced Personal Finance Education Legislation so Far This Year.” CNBC, CNBC, 4 June 2021,
https://www.cnbc.com/2021/06/03/25-states-have-introduced-personal-finance-education-bills-this-year.html
.
More Awareness in Public
Source 9: This paper explains how financial well-being is largely linked to financial awareness, and by increasing financial awareness across the United States, financial well-being can also be increased.
Bhattacharjee, Jayashree, and Ranjit Singh. “Awareness about Equity Investment among Retail Investors: A Kaleidoscopic View.” Qualitative Research in Financial Markets, Emerald Publishing Limited, 6 Nov. 2017,
https://www.emerald.com/insight/content/doi/10.1108/QRFM-04-2017-0036/full/html
.
Empower Retail Investors
Source 10: This source takes a look at the factors that contribute to the rise of empowered retail investors. Related to the uphill battle retail faces versus institutional investing.
“The Rise of Newly Empowered Retail Investors - Deloitte.” Deloitte,
https://www2.deloitte.com/content/dam/Deloitte/us/Documents/financial-services/us-the-rise-of-newly-empowered-retail-investors-2021.pdf
.