The financial crisis that started in 2007 may have forced many investors to learn things the hard way, according to research from Fidelity Investments
The editorial content below is based solely on the objective assessment of our writers and is not driven by advertising dollars. However, we may receive compensation when you click on links to products from our partners. Learn more about our advertising policy.
The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired. Please see the bank’s website for the most current version of card offers; and please review our list of best credit cards, or use our CardMatch™ tool to find cards matched to your needs.
The financial crisis that started in 2007 may have forced many investors to learn things the hard way, according to research from Fidelity Investments. According to an April 2013 study called “Five Years Later,” the losses and hardship investors faced during the recession has inspired them to make positive behavior changes when it comes to money.
In 2008, 64 percent of investors described themselves as “scared and confused.” However, more than half of them (56 percent) describe themselves as “prepared and confident” today.
The reasons for this change in outlook? Nearly three-quarters (72 percent) repaid debt, 42 percent increased their emergency savings and 88 percent understand their finances better than they did before the downturn.
To use the graphic on your site, use the following code: