The type of sources used to seek information before making investment decisions differ between investors with different experience levels. Holdover account owners tended to use financial professionals to a larger extent, while experienced entrants more commonly use annual reports or company websites, or other personal research. The most used source of information among new investors was friends or family, with 38 percent. Only 24 percent of holdover account owners used this as a source of information before making investment decisions.
Most common information sources for investment decisions in the United States in 2020, by investor experience
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
FINRA, & National Opinion Research Center. (February 4, 2021). Most common information sources for investment decisions in the United States in 2020, by investor experience [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1228225/information-sources-used-for-investment-decisions-usa/
FINRA, und National Opinion Research Center. "Most common information sources for investment decisions in the United States in 2020, by investor experience ." Chart. February 4, 2021. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1228225/information-sources-used-for-investment-decisions-usa/
FINRA, National Opinion Research Center. (2021). Most common information sources for investment decisions in the United States in 2020, by investor experience . Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1228225/information-sources-used-for-investment-decisions-usa/
FINRA, and National Opinion Research Center. "Most Common Information Sources for Investment Decisions in The United States in 2020, by Investor Experience ." Statista, Statista Inc., 4 Feb 2021, https://www.statista.com/statistics/1228225/information-sources-used-for-investment-decisions-usa/
FINRA & National Opinion Research Center, Most common information sources for investment decisions in the United States in 2020, by investor experience Statista, https://www.statista.com/statistics/1228225/information-sources-used-for-investment-decisions-usa/ (last visited November 21, 2024)
Most common information sources for investment decisions in the United States in 2020, by investor experience [Graph], FINRA, & National Opinion Research Center, February 4, 2021. [Online]. Available: https://www.statista.com/statistics/1228225/information-sources-used-for-investment-decisions-usa/
