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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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Millionaire Investors on the Sidelines

Short-term plans to invest in equities at a three-month high among non-Millionaires.

| BY Donald Liebenson

Non-Millionaire investors indicate a renewed enthusiasm for investing in the coming month, while their Millionaire counterparts are holding on the sidelines, according to Spectrem Group’s monthly investment trends survey of how affluent investors intend to invest in the coming month.

Among Affluent investors overall, “Not investing” dipped 1.55 points to 36.59. Stock Mutual Funds, the most preferred investment vehicle among these investors, posted a reading of 36.45, unchanged from the previous month. Stocks gained 6.6 points to 32.30, a four-month high.

Cash edged up 1.25 points to 19.94, while Bonds ticked upward 0.58 of a percentage point to 10.94, the highest reading since October 2012. Bond Mutual Funds dropped 4.89 points to 8.99, a more than six-year low, while Real Estate was a flat 8 points, a gain of 0.44 of a percentage point.

Spectrem Group breaks down Affluent investment trends by Millionaire and non-Millionaire households. The May survey found non-Millionaires with a buoyed investment confidence.  When asked how they intend to invest in the coming month, “Not investing” dropped 8.6 points from April to 41.8. Stock Mutual funds gained 3 points to 33.1, which Stocks gained 6.3 points to 25.9, a three month high.

Cash investment gained 5.3 points among non-Millionaire investors to 19.8, a four-month high, while Bond Mutual Funds dipped 1.4 points to 9.5, a three month low. Bonds gained 4.4 points to 9, another 19-month high. Real Estate inched up to 6 points, a six-month high.

Millionaire investors, though, are indicating more reticence toward investing. “Not investing” gained 5.2 points to 31.6, a three month high. Stock Mutual Funds dropped 2.8 points to 39.7, but Stocks gained 6.9 points to 38.5.

Bond Mutual Funds fell 9.2 points to 8.5, the lowest reading since December 2008, while Bonds gained 7.1 points to 12.9. Real Estate edged up a half a percentage point to 10.


Related story: Non-millionaires retreat to sidelines; Millionaires still in the game

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.