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Featured Advisor



Kim Butler
President

Partners for Prosperity, Inc.

City:Mt. Enterprise

State: TX



BIOGRAPHY:
I have 20+ years of handling alternative investments in cash, growth and income for clients nationwide.  I strive to help my clients with all things financial in every way possible over the phone and the web.  I own an alpaca farm which I enjoy working during my downtime.  I also enjoy gardening, writing and reading books.  I also train other advisors on Prosperity Economics.

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Millionaire Investor Confidence Surges to a Near 9-1/2-Year High - Market Watch, September 25, 2013

CHICAGO, IL, Sep 25, 2013 (Marketwired via COMTEX) -- The Spectrem Millionaire Investor Confidence Index (SMICI(R)) reached a nearly 9 1/2-year high in September, Spectrem Group announced today. The SMICI gained 20 points to 23, a level last reached in June 2004, and the biggest month-to-month increase since Spectrem Group began compiling the Index that year.

The surge in the SMICI also lifted the Spectrem Affluent Investor Confidence Index (SAICI(R)), which gained 17 points to 8, an almost 6 1/2-year high and another unprecedented month-to-month increase.

The monthly indices measure the investment confidence and outlook of households with more than $500,000 in investables and more than $1 million in investables, respectively.

"Millionaires continue to express concerns about the economy and the partisan political climate, which they consider to be the most serious threats to achieving their financial goals at this time," said George H. Walper, Jr., President of Spectrem Group. "But the record highs reached by the market in September are compelling Millionaires to move off the sidelines. Over the past three months, our monthly survey of how Millionaires plan to invest in the coming month finds increasing interest in stocks. Intention to stay on the sidelines is at its lowest in nearly 2-1/2-years."

 

Click here to read the original article from Market Watch.