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Featured Advisor



Srbo Radisavljevic
Managing Principal/Investment Advisor

Edge Portfolio Management

City:Northbrook

State: IL



BIOGRAPHY:
At Edge, a low client to advisor ratio allows for personal and customized service for each individual.  Our goal is to work as a team for each client to provide not only portfolio management but wealth coordination and financial planning.  We make every effort to have frequent communication with our clients and to provide timely response to calls and emails.  I also enjoy spending time with my wife and three kids, following Chicago sports, enjoying ethnic cooking, and serving as a school board member for Norridge School District 80.

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Affluent Investor Confidence at 6-Month High

Investment preferences and economic outlook indicate cautious optimism

| BY Donald Liebenson

The Spectrem Millionaire Investor Confidence Index (SMICI®) jumped 6 points to -2, the highest level since last April, according to our monthly Spectrem Group survey of Affluent households.

The Spectrem Affluent Investor Confidence Index (SAICI®) ticked upward 1point to 2, its highest reading since last May.

The improvement in both indexes can be traced to several factors. The Spectrem Affluent Household Outlook, a survey of attitudes toward financial issues that impact Affluent investors’ daily lives, showed significant increases in all surveyed components, including household income, household assets, company health and the economy, which saw the largest increase in more than a year.

October was the first time since May when all of the components simultaenously posted positive readings.

Affluent investors’ engagement in the market did not change significantly over the past month. There was basically no change in the number of Millionaires and Non-Millionaires who opted to “Not Invest.” This was coupled with a slight increase in cash investments. But there was increased investment in stocks, particularly in Non-Millionaire households.

With the election just one week away, Affluent investors surveyed by Spectrem Group said that Stock Market Conditions, along with the Political Climate were the factors most affecting their current investment plans. The ramifications to the economic recovery of the as-yet unresolved fiscal cliff are particularly worrisome.

 

 

 

 



 



About the Author


Donald Liebenson

dliebenson@millionairecorner.com

Donald Liebenson writes news and features for Millionaire Corner. He has been published in the Chicago Tribune, The Chicago Sun-Times, The Los Angeles Times, Fiscal Times, Entertainment Weekly, Huffington Post, and other outlets. He has also served as a marketing writer for Chicago-based Questar Entertainment and distributor Baker & Taylor.  

A graduate of the University of Southern California, he is married with a college-age son. He also writes extensively about entertainment.