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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 Investment Plans Impacted Most by Market Conditions

Nearly four-in-ten Affluent investors cite "Stock Market Conditions" as the factor most affecting their current investment plans.

| BY Donald Liebenson

Considering market volatility in the past month, it is not surprising that the highest percentage of Affluent investors surveyed in October by Spectrem's Millionaire Corner report that “Stock Market Conditions” is the primary factor affecting their current investment plans.

Nearly four-in-ten (38 percent) respondents cited this factor as the one most affecting their investment plans, compared with 17 percent who responded “Retirement.” Only 1 percent of respondents responded that the “Political Climate” is having the biggest impact on their investment plans, which indicates that even with the midterm elections on Nov. 4, Affluent investors are tuning out the clutter of negative ads and most focused on market conditions than on continued government gridlock and how the election results will (if at all) change the balance of power.

The wary investment mindset of Affluent investors is a reflection of the recent gyrations in the market. Between Sept. 18 and Oct. 15, the Dow Jones industrial average lost more than 1,100 points before recovering about half of those losses in a three-day surge.

As of Tuesday, the Dow closed above 17,000 for the first time since the beginning of October.

The Standard & Poor’s 500 index surged 23.42 points to 1985.05 and the Nasdaq composite jumped 78.36 points to 4564.29. S&P 500 and Nasdaq reportedly erased all their losses for the month. Both have now erased all of this month’s losses.

Analysts and investors will be closely watching Wednesday when the Federal Open Market Committee convenes for a two-day meeting for signs about the Federal Reserve’s next course of action regarding its economic stimulus program. USA TODAY reports that economists are expecting the Fed will send a “stay-the-course” message that foresees an increase in near-zero interest rates by mid-2015.

Of much less concern to Affluent investors where their current investment plans are concerned are the “Economic Environment” (6 percent) and “Household Income” (6 percent).

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.