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Investments and Lifestyles of the Rich - Millionaire Corner

Friday
Sep 03rd
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Millionaire Indices

Investor Confidence Drops Dramatically

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Investor Confidence levels of all households, including Millionaires, dropped dramatically in August to some of the lowest ratings in more than a year. The Spectrem Affluent Investor Confidence Index (the SAICI) fell from -16 in July to -20 in August. The Spectrem Millionaire Investor Confidence Index (the SMICI) fell from -7 to -18. This is especially troubling because Millionaires are generally more confident about the economy than non-Millionaires.

 

Read more... [Investor Confidence Drops Dramatically]
 

Reality Check for Millionaires

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index_down.jpg 18pts Spectrem Millionaire Investor Index (SMII)®   

Millionaires had their largest drop ever, plummeting 18 from –2 to –20.

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  8pts  Spectrem Affluent Investor Index (SAII)®    

The Affluent lost 8 pts, falling from –12 to –20.   
Read more... [Reality Check for Millionaires]
 

Record Increase!

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index_up.jpg 17pts Spectrem Millionaire Investor Index (SMII)®   

Millionaires were less enthusiastic than their affluent counterparts, rising 17 from –19 to –2.

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9pts Spectrem Affluent Investor Index (SAII)®   

The Affluent had their largest jump in a year shooting up 9 from –21 to –12.    
Read more... [Record Increase!]
 

Indices move up for the second month in a row as comfort with economy

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index_up.jpg 7pts  Spectrem Millionaire Investor Index (SMII)®   

Millionaires rose a solid 7 from –26 to –19, reflecting an easing of economic concerns

index_up.jpg 9pts  Spectrem Affluent Investor Index (SAII)®    

 The Affluent follow suit with an increase from –30 to -21,also reacting to a quieter economic month.      
Read more... [Indices move up for the second month in a row as comfort with economy]
 

Indices move up as economy

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index_up.jpg 8pts Spectrem Millionaire Investor Index (SMII)®

Millionaires rose a solid 8 from –34 to –26, reflecting growing economic concerns.

 index_up.jpg

 8pts  Spectrem Affluent Investor Index (SAII)®    

 The Affluent follow suit with an increase from –38 to -30,also showing concern about the economy.   
 
Read more... [Indices move up as economy]
 
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What are the Millionaire Indices?

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Spectrem's Affluent Investor Index® (SAII) and Spectrem Millionaire Investor Index® (SMII) gauge the investment outlook of households with more than $500,000 of investable assets and $1 million of financial assets, respectively.


Each index explores investor attitudes regarding economic outlook, hypothetical investment preferences and actual investment intentions for the coming month.

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