Sadly, most investors have no idea what fixed income securities or investing really means, let alone how to invest in them. This according to a new survey by BNY Mellon:
A staggering 92% of Americans don’t know what fixed-income investing actually is, according to a new report from BNY Mellon Investment Management.
The online survey, of more than 2,000 adults, showed that Americans admit to having little knowledge about various fixed-income markets and how to invest in them.
“Most investors really don't get how to use fixed income, why to use fixed income, and