Ultra Wealthy Still Reluctant to Invest in the Markets

As the markets have recently risen, 16% of the wealthy with over $500,000 in investable assets invested in equities when the DOW reached 9000, with 15% already invested. There are an additional 26% of wealthy individuals who are waiting on the DOW to top 10,000 before they reinvest in the equity markets. The number of affluent investors who say they are not investing declined to 15% from 22%. Millionaires have increased their liklihood of investing in stock from 28.2% to 35.2% and the stock mutual funds from 33.3% to 41.1%. www.onwallstreet.com/news/fear-investors-cautious-2663689-1.html