Table 4 Financial literacy and beliefs... | Emerald Publishing

Table 4

Financial literacy and beliefs

Statement	True		False		Don’t know
Statement	Number	%	Number	%	Number	%
An investment with a high return is likely to be high risk	475	82.6	45	7.8	55	9.6
It is higher risk to invest in global markets than in national markets	254	45	145	25.7	165	29.3
High inflation means that the cost of living is increasing rapidly	485	86.2	34	6.0	44	7.8
It is usually possible to reduce the risk of investing in the stock market by buying a wide range of stocks and shares	303	53.8	105	18.7	155	27.5

Statement	True		False		Don’t know
Statement	Number	%	Number	%	Number	%
An investment with a high return is likely to be high risk	475	82.6	45	7.8	55	9.6
It is higher risk to invest in global markets than in national markets	254	45	145	25.7	165	29.3
High inflation means that the cost of living is increasing rapidly	485	86.2	34	6.0	44	7.8
It is usually possible to reduce the risk of investing in the stock market by buying a wide range of stocks and shares	303	53.8	105	18.7	155	27.5

Source(s): Authors’ summary results