Does Financial Literacy Matter?


Does Financial Literacy Matter?

Does increasing your knowledge of personal finance make you a better money manager?

Confessions of a Money Manager: Forget Operation Twist — buy stocks

When Federal Reserve Chairman Ben Bernanke announced earlier this week that the economy faces "significant downside risks," stock markets around the world fell dramatically. Our own Dow Jones Industrial Average is down some 800 points. Virtually everyone is now thinking "double-dip" recession in the U.S. and stalled economic activity worldwide. And why not?