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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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Non-Millionaire Investors Get their Groove Back in November

As the market continues to rise, Non-Millionaire investors, typically more likely than Millionaires to retreat to the sidelines, plan to increase investment in equities.

| BY Donald Liebenson

In a month that saw the Dow reach unprecedented highs (over 16,000), Affluent investors intend to wade back in to the market. When asked how they would be investing in the coming month, fewer Affluent investors said they would sit on the sidelines, according to Spectrem Group’s monthly survey of investment preferences.

“Not invest” fell seven points from the previous month to 39.01,while Stocks gained 6.50 points—the biggest month-to-month increase--to 31.20. Stock Mutual Funds gained three points to 33.61. Real Estate increased 3 points to 10.38, a five-month high. Intention to invest in Bond Mutual Funds dropped 2 points to 10.96, the lowest reading since December 2008, while Cash dipped 1 point to 19.86. Bonds also dipped one point to 4.37, its lowest reading since August 2006.

The last few months have seen any number of events that analysts cautioned could have upended the market rally, including the bitterly partisan debt ceiling imbroglio, the government shutdown and trying to anticipate what the Federal Reserve would do about its stimulus program. But the market has continued to rise, and Non-Millionaire investors, typically more likely than Millionaires to retreat to the sidelines, plan to increase investment in equities. Non-Millionaire intention to invest in Stocks jumped 15.1 points to 30.5, the highest reading since June. Stock Mutual Funds increased 11.1 points to 33, another five-month high.

Non-Millionaires who said they would continue to “Not Invest” dropped 15.5 points to 46.4, a four-month low, while Cash dropped 4.1 points to 15.5, a six-month low. While Real Estate dropped 2.1 points to 6.1, Bond Mutual Funds and Bonds gained 2.5 points and 3.4 points respectively.

Millionaire investors appear to be more wary of the market rally. “Not Invest” gained 2.4 points to 33.2, a three-month high, while Stock Mutual Funds and Stocks dipped 5.3 points and 1.5 points, respectively. Real Estate posted the month’s largest month-to-month gain, 7.3 points, but Cash (7 points), Bond Mutual Funds (-6.4 points) and Bonds (-5.7 points) each posted declines from last month.

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.