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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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More Affluent Investors Head to Sidelines for Fourth Consecutive Month

Non-Millionaires, generally more cautious investors than their wealthier counterparts, must not gotten the memo about retreating from Stocks,

| BY Donald Liebenson

Continued speculation over when the Federal Reserve will raise interest rates coupled with the tumultuous international markets are driving more Affluent investors to the sidelines for the fourth consecutive month, according to an investor survey conducted by Spectrem Group.

When asked how they intend to invest in the coming month, holding on the sidelines rose to 38.80 points, up from 36.40 in May. This mindset was strongest among Millionaires, who are generally more confident in their financial knowledge and are most concerned about the impact on the economy of a rise in interest rates for the first time since 2006 as well as Greece’s possible default should they not be able to make its June 30 debt repayment deadline. “Not invest” as a surveyed investment option rose among these investors from 29.8 last month to 35.6, the highest reading since February 2014.

Intention to invest in Bonds took the biggest hit in the June survey, dropping from 8.40 points last month to 2.80, the lowest reading in the 11-year history of Spectrem Group’s investor preferences survey.Intention to invest in Real Estate was the only investment category to gain in June—1.60 points to 14.40.

Year-to-year, intention to invest has dropped in all investment categories except for Bond Mutual Funds and Cash.

Spectrem Group breaks down Affluent investment preferences by Millionaire and non-Millionaire households. Millionaires, especially, indicated a significant retreat from investing in Stocks in the coming month—28 pts., down from 38.9 in May and the lowest reading since April 2009.  Intention to invest in Bonds dropped 7.50 pts. to 3.8, the lowest reading in the indices’ 11-year history for this demographic.

Non-Millionaires, generally more cautious investors than their wealthier counterparts, must not gotten the memo about retreating from Stocks, which surged from 19.3 points last month to 29.7, a four-month high, while intention to invest in Cash dropped from 20.2 points to 11 (insert your own Spinal Tap joke here),  They, too, are fleeing from Bonds, which dropped from  5 to 1.7, a 20-month low.  

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.