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Featured Advisor

Ed Meek
CEO/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, playing and following basketball, playing golf, and participating as an advisory board member for Breakthrough Urban Ministries.

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Investors Express Market Wariness in Investment Choices

Between stubborn high unemployment and gas prices, an up-and-down stock market, and growing concerns about inflation, jittery investors overall chose Not Investing in greater numbers this month. The choice to Not Invest increased to 26.3 points, up from 25.2 in April. Though small, this is the third straight increase in this category. However, overall investments in Cash and Bonds dropped sharply, indicating a willingness by investors to put it to work in other avenues. Overall Cash investments dropped from 42.8 points last month to 29.9, while Individual Bonds decreased from 18.4 points to 7.4.


Stock investing rebounded to 35.6 points from 30.4, but there were overall declines in all other surveyed investment preferences. Investing in Stock Mutual Funds dropped sharply from 40 points last month to 32.7. Bond Mutual Funds, too, dropped from 20 points to 13.5. Real Estate, after enjoying two straight months of gains, dropped from 25.2 points to 15.6.


As we look at overall affluent investors we also segment Millionaire and Non-Millionaire households. Investment in Cash declined in both households (47.9 points to 30.2 for Millionaires and 40.9 to 29.5 for Non-Millionaires). Meanwhile Stock investing did increase 4.5 points to 37.8 for Millionaires and 3.6 points to 32.7 for Non-Millionaires, while investment in Bonds dropped (dropped 13.7 points to 10.2 for Millionaires, 11 points to 3.6 for Non-Millionaires).

However, the increase for Millionaires and Non-Millionaire households who chose to not invest was virtually identical, roughly 4.5 points.


Each household posted declines in almost all other investment preferences. Millionaire interest in Stock Mutual Funds dropped 17.4 points to 27, Bond Mutual Funds declined 6 points to 15.4, and Real Estate lost 13.8 points to 16.1.


In Non-Millionaire households, Bond Mutual Funds dropped 8.3 points to 10.8 and Real Estate was floored at 15 points, a drop of nearly 10 points. Non-Millionaire interest in Stock Mutual Funds did rise 3.2 points to 40.5.