The indices measure the investment confidence and outlook of households with $500,000 or more in net worth.
“Equity investment among Affluent investors was at a five-month high in March, while the number of those who indicated they planned to remain on the sidelines was at a four-month low,” said George H. Walper, President of Spectrem Group. “This rekindled Affluent investor confidence was also reflected in the monthly Spectrem Affluent Household Outlook, which gained nearly 10 points in March, a reflection of more positive attitudes toward the financial factors that impact these investors’ daily lives.”
Affluent investors also cited the partisan political climate as the most serious threat to achieving their financial goals at this time.
Additional insights from the indices are available on Spectrem’s Millionaire Corner website (www.millionairecorner.com). These include:
· Affluent Investor Confidence Reaches a Near Twelve-Month High
Index Historical Performance
Spectrem Affluent Investor Confidence Index®
Spectrem Millionaire Investor Confidence Index®
The Spectrem Affluent Investor Confidence Index (SAICI ®) is based on 250 monthly online interviews with the financial decision-makers in households with $500,000 or more in investable assets. The Index has a margin of error of plus or minus 6.2 percentage points. The Spectrem Millionaire Investor Confidence Index (SMICI ®) is based on a subset of the overall survey group.