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Bond Mutual Funds and Real Estate investing both reach new lows this month, while Stocks and Stock Mutual Funds approached their all-time lows as well. Stock investing dropped, particularly for millionaires. Not Investing was up, nearing it’s all-time high of 49.6 as the affluent retreat away from investments in general. In that same vein, Cash investing also rose as the affluent shy away from the daily and dramatic ups and downs of the market. It is difficult to see the affluent jumping back into traditional vehicles with any enthusiasm until the economy as a whole stabilizes and every week doesn’t bring new news of bank bailouts and failing industries.
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Read more... [Bond Mutual Funds and Real Estate Reach New Lows]
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In Spectrem’s measure of Investment Preferences continued to invest, though with caution, with Cash seeing increased activity, and lesser but positive movement into Stocks, as some may be taking advantage of the large drop in stock prices for short-term speculation.
With so much taking the attention of the affluent in the daily news regarding one financial crisis after another, they may be stunned into seeking safety or staying still and waiting to see what happens. Even financial analysts are having trouble explaining American’s current predicament, the affluent may not know the right move at this time. And waiting is probably the right move.
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The sharpest movement this month in Investment Preferences was the rise in Not Investing, from 34.5 to 43.8, showing the summer doldrums may be affecting affluent investing behavior.
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Read more... [Not Investing back up as the summer doldrums set in]
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The Millionaires and Affluent moved back into investing with strong showings in Stocks, Cash, and Real Estate.
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Read more... [Wealthy Moving back into Cash, Stocks and Real Estate]
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Not Investing rose 11.3 and hit a new high, as the affluent back out of the market amid concerns about rising oil and gas, seesawing stock market, and continued worried about the economy.
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Read more... [May 2008: Not Investing jumps as the Affluent back out of the market]
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Millionaire Indices 
