BOSTON -- By in large, investors are confident with the actionsthey have taken during the economic crisis with many choosing tostay the course, according to a new survey.
The 2008 Natixis Global Associates Investor survey, conductedNov. 6-11 by Richard Day Research, Inc., was based on 600interviews with investors 44 years and older with a minimum of$250,000 in investable assets. Sub-groups included 200 retirees and200 pre-retirees working with advisers and 200 self-directedindividuals.
Eighty-four percent of respondents said they were"overwhelmingly" confident with their investment plans. Among themost frequent actions cited were staying the course and not makingany changes (54%), continuing to invest as they did before thecrisis (29%) and reallocating some of their portfolio into othersimilar investments (27%). Few cited cashing out (15%), the datashowed.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
- Educational webcasts, white papers, and ebooks from industry thought leaders.
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.