2/22/13 – Social Media a Financial Education Source for Many (Plansponsor)

One-quarter (26%) of U.S. adults use social media for personal finance and investing purposes, according to Cogent research.

This rises to 34% for affluent investors. While most investors continue to rely on a variety of resources for investment information, nearly 70% have reallocated investments, or began or altered relationships with investment providers, based on content found through social media, the study found.

Read the full article at Plansponsor.

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