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Srbo Radisavljevic
Managing Principal/Investment Advisor

Edge Portfolio Management


State: IL

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 Investors Back Away on Investments

| BY Donald Liebenson

Affluent investors hunkered down on the sidelines in May. Investment in cash increased five points in May to 26.1, while more of these investors chose the option to “Not Invest,” up 1.6 points to 36.8, the highest reading in six months.

While investment in stocks edged up 1.8 points to 32.4, all other investment categories posted overall declines. Stock mutual funds dropped 11.6 points to 26, bonds dropped 4.3 points to 8.9, the lowest level in almost a year. Bond mutual funds dropped 3.2 points to 13.2, and real estate dipped 2.2 points to 9.4.

Our monthly survey further breaks down Affluent investor preferences by Millionaire and Non-Millionaire households.  For the second consecutive month, Non-Millionaires were more apt to be market-cautious. “Not Invest” rose 1.2 points to 41.6, a three-month high, while investment in cash jumped 11.1 points to 28.8. Investment in stocks remained virtually unchanged from last month, gaining .1 of a point to 26.4.

Bond mutual fund investing in surveyed Non-Millionaire households rose 5.7 points to 10.2 while stock mutual funds ticked upward .4 of a point to 26.5. But investment in bonds fell 7.8 points to 6.4, the lowest level since June 2011, and real estate dipped 1.2 points to 9.8.

Millionaire households were only slightly more active on the investment front. “Not Invest” rose 1.2 points to 32.3, a four-month high. Investment in cash ticked downward .2 of a point to 23.6, while investment in stocks gained 3.9 points to 38.

But it’s all downhill from there. Investment in stock mutual funds fell 21.2 points to 25.4, the lowest reading since December 2008. Investment in bond mutual funds dropped 9.7 points to 16, the lowest level since last January. Real estate dipped 2.9 points to 9.1, and bonds edge downward 1.2 points to 11.2, a six-month low.

About the Author

Donald Liebenson

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.