Investor Protection and Trust: A Survey of Oregon Adults Ages 40 and O...

Investor Protection and Trust A Survey of Oregon Adults Ages 40 and Older

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Report Home In 2006, Oregon ranked seventh in the nation in the overall number of fraud complaints received by state securities regulators. This November 2007 telephone survey examined perceptions and knowledge of financial securities among Oregonians age 40 and older. Findings show that: 66% of respondents currently invest in financial securities, such as stocks, bonds, and mutual funds. However, only 20% feel highly knowledgeable about investing. Thirty-nine percent of investors get advice from a professional broker or financial advisor, 19% get advice from family or friends, and 10% read financial newspapers or magazines. Respondents identified the state of the economy, becoming a victim of identity theft, lack of ethics in the marketplace, and losing money as their major concerns about investing. Most are engaged in fraud prevention behaviors: 71% have singed up for the “Do Not Call” registry, 62% own a paper shredder, and 52% have requested a copy of their credit report. Alan Newman Research conducted this survey for AARP, interviewing 802 randomly selected Oregon residents age 40 and older during November 8-27, 2007. (23 pages) Cancel You are leaving AARP.org and going to the website of our trusted provider. The provider’s terms, conditions and policies apply. Please return to AARP.org to learn more about other benefits. Your email address is now confirmed. You'll start receiving the latest news, benefits, events, and programs related to AARP's mission to empower people to choose how they live as they age. You can also by updating your account at anytime. You will be asked to register or log in. Cancel Offer Details Disclosures

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