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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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Investors Move off the Sidelines

More affluent investors chose to invest in October

| BY Donald Liebenson

For the first time since June, fewer Affluent investors chose to "Not Invest." This category decreased from 41.5 points to 37.7, but more investors held onto Cash, which rose from 22 points to 29.5, according to Millionaire Corner's monthly investor survey.

Investing in Stocks rebounded from 24.4 to 28.7, while Bond Mutual Funds also posted an increase from 12.5 last month to 16.5. All other categories dipped slightly. Bonds dropped from 10.8 to 10.2 and Stock Mutual Funds from 28.3 points to 28.  Investment in Real Estate fell for the second straight month from 8 points to 5.9.

Fewer Non-Millionaires chose to Not Invest this month. Although the level was still elevated (43.4 points), it was down 7.2 from the previous month. Meanwhile, Millionaires who chose to Not Invest ticked up .8 of a point to 32.7.  Both groups increased their investment in Cash. Non-Millionaire investment in this category jumped 9.6 points to 29.2, while Millionaire investment increased 5.2 points to 29.8.

Stocks and Stock Mutual Funds were of more interest to Non-Millionaires than Millionaires. Their investment in Stocks was up 9.8 points to 24, while Stock Mutual Funds rose 1.9 points to 24.2.  Millionaire investment in Stocks dipped 2.2 points to 3.8. Stock Mutual Funds took a 3.4 point fall to 31.4.

Bonds were down slightly for both investor groups. Investment in this category dipped 1.1 points to 12.5 in Millionaire households, and just .6 of a point to 7.5 in Non-Millionaire households.

Millionaires showed a keener interest in Bond Mutual Funds, which increased 8.6 points to 23.7. Investment in this category dropped 1.9 points to 8.1 in Non-Millionaire households. Non-Millionaires showed slightly more interest in Real Estate than Millionaires, although investment in this category was down for both groups. It was down 3.2 points to 5.2 in Millionaire households and dipped 1.1 points to 6.6 in Non-Millionaire households.

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.