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Financial E-Letter Readers Score Better on FINRA Test
  • USA - English


News provided by

Halbert Wealth Management

Jul 30, 2013, 03:00 ET

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Austin, TX (PRWEB) July 30, 2013 -- Readers of Gary D. Halbert's weekly Forecasts & Trends E-Letter far outscored the general public last month on a financial literacy test developed for the Financial Industry Regulatory Authority (FINRA). Contrary to results seen by FINRA, Halbert’s readers scored high on basic financial literacy, as well as on additional questions developed for Forecasts & Trends subscribers.

I have been following FINRA’s financial capability surveys for years and find it disturbing that their results are actually getting worse over time.

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The national average on the FINRA quiz was 57.6%, while Halbert’s readers scored an average of 94.8% on the same questions. Including the additional questions added by Halbert, his readership scored 84% overall, or an average of 10 of 12 questions answered correctly.

Click here to take the Financial Literacy test.

“I have been following FINRA’s financial capability surveys for years and find it disturbing that their results are actually getting worse over time. Yet we see from an unscientific survey of my readers that those who seek out financial information through the Internet, newsletters and other resources fare far better, even when faced with additional questions. Comparing FINRA’s results to ours underscores the need for basic financial education in our schools.”

Halbert has long been on the forefront of providing economic and investment information to his clients and subscriber base. His Forecasts & Trends E-Letter is now distributed to a large online community that stretches from coast to coast. In this weekly publication, Halbert analyzes the latest economic news, markets and political trends to bring his readers stories that have an impact on their lifestyles, futures and pocketbooks.

In addition to the weekly e-letter, Halbert publishes the Between The Lines blog each week, bringing more timely information about economic and investment trends. Visitors to the Halbert Wealth Management website can activate their free subscriptions to both Forecasts and Trends and Between the Lines, as well as learn more about Halbert Wealth’s active management approach to investing.

Mike Posey, Halbert Wealth Management, http://www.halbertwealth.com, 800-348-3601, [email protected]

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