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Featured Advisor



Ed Meek
CEO/Investment Advisor

Edge Portfolio Management

City:Winfield

State: IL



BIOGRAPHY:
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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May 27, 2015 Millionaire Fact of the Day

May 27, 2015 Fact of the Day:  What worries young affluent investors?

 

 

 

DID YOU KNOW THAT A THIRD OF INVESTORS WITH $100,000 TO $1 MILLION OF ASSETS, UNDER THE AGE OF 35, ARE WORRIED ABOUT THE AMOUNT OF DEBT THEY HAVE?  

 

 


 

 

 


 


 

While 21 percent of all investors in this segment are worried about debt, the worries decrease as age increases.  For example, only 13 percent of investors over the age of 65 are worried about debt.

Similarly, 54 percent of Mass Affluent investors under the age of 35 are worried about spending too much.  This compares to only 32 percent of those over the age of 65.  These younger households are also very worried about taxes with 51 percent worried about taxes.  On top of that, 69 percent of those under age 35 are very worried about the cost of healthcare. 

Some issues are important to investors regardless of age with healthcare resonating as an issue for 70 percent of investors, regardless of age.  Forty three percent of Mass Affluent investors overall are worried about taxes.

Older households are worried about low interest rates…..measuring 43 percent.  These older households want their fixed income investments to have a better return. 

What are your financial worries?  To gain confidence regarding your financial future, talk to one of our Best Advisors………….