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Millionaire and Affluent Indexes on the rise
10-27-2010, 04:21 PM
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#1
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2004
Location: South Texas~29N/98W Just West of Woman Hollering Creek
Posts: 6,674
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Millionaire and Affluent Indexes on the rise
Many (most?) folks that post here seem to be included in one of these categories. Are you on the rise too?
Quote:
According to Spectrem Group’s Millionaire Investor Confidence Index, which was released Wednesday, rose six points in October to zero. The increase keeps the index in neutral territory and brings it to the highest level since December 2007, when it stood at eight.
Meanwhile, the Spectrem Affluent Investor Confidence Index, which measures the investment confidence and outlook of households with $500,000 or more in investable assets, rose three points in October to minus-13, a mildly bearish reading.
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Millionaire Confidence Surges - Financial Planning
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Part-Owner of Texas
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In dire need of: faster horses, younger woman, older whiskey, more money.
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10-28-2010, 01:49 AM
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#2
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Thinks s/he gets paid by the post
Join Date: Sep 2010
Location: midwestern city
Posts: 4,061
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I am not.
Quote:
Originally Posted by mickeyd
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__________________
Very conservative with investments. Not ER'd yet, 48 years old. Please do not take anything I write or imply as legal, financial or medical advice directed to you. Contact your own financial advisor, healthcare provider, or attorney for financial, medical and legal advice.
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10-28-2010, 06:55 AM
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#3
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 9,072
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I'm always on the confident side. When stocks are crashing, I'm just snoozing my way through the night.
__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
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10-28-2010, 08:47 AM
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#4
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Thinks s/he gets paid by the post
Join Date: Oct 2006
Posts: 4,629
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In terms of personal "investment plans", I'd say that I don't worry much about the economy because I think I'm pretty well insulated.
OTOH, I do worry a lot about the economy in terms of its impact on other family members who are badly under-employed and could easily become unemployed.
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10-28-2010, 09:47 AM
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#5
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Thinks s/he gets paid by the post
Join Date: Sep 2008
Posts: 2,171
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I'm not "affluent". I don't have half a million dollars in investable assets, and don't expect that I ever will. Maybe someday my net worth, including equity in my home, will be that high, but I'm not holding my breath. My outlook is mixed. I'm optimistic I'll be able to retire, but pessimistic about a possible continuing fall in real estate prices. In a worst-case scenario, a further big decline in house prices could delay my exit from the workforce.
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10-28-2010, 02:08 PM
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#6
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2006
Posts: 11,401
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I'm a lumberjack millionaire and I'm okay....
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