investment literacy

Investment literacy refers to the ability to understand and evaluate various investment options and the principles that guide them. This includes knowledge of financial markets, types of assets (like stocks, bonds, and real estate), risk evaluation, and the impact of economic factors. A financially literate person knows how to read financial statements, assess investment risks, and make informed decisions that align with their financial goals. Essentially, it's about empowering individuals to manage their investments wisely and increase their financial well-being over time.