This group of wealthy investors has the lowest allocation to stocks

Personal Finance

The survey was conducted in February, when the markets were just beginning to usher in more volatility.

“Right now, we just happen to be in a daily, weekly environment of various trade fears and tariff negotiations, which cannot be cleared up in one day or a week,” Hyzy said.

How worried investors are about those day-to-day market fluctuations depends a lot on whether they have a long-term plan. Those who are invested but do not have a specific plan as to why they are investing are the ones that are most nervous, Hyzy said.

“Those who have defined goals, they are less worried about the day to day, week to week, month to month, even yearly movements in the investment markets,” Hyzy said.

Source link

Articles You May Like

Stocks making the biggest moves midday: XPO Logistics, Nvidia, Canopy
Berkshire trimmed its Apple stake, but it wasn’t Buffett
Average tax refund is down 8.7 percent from year ago
UAE announces IDEX weapons deals as Middle East arms spending climbs
Centre-right to top EU poll; far-right surges

Leave a Reply

Your email address will not be published. Required fields are marked *