The Importance of Financial Literacy in Investing

Neil McDonald of Moomoo Financial stopped by to discuss some fundamentals for success in investing with CBS News New York's Jessica Moore.

"Investing is not a game — it's very serious. It's your future. You have to approach it methodically and teach yourself as much as you can about finance. Financial literacy helps you understand the difference between a smart investment and one that suits your portfolio or outlook, and also what constitutes a risky investment," said Neil McDonald, Moomoo U.S. CEO.

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