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Affluent Investors Expecting Lower Returns

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NU Online News Service, April 16, 3:36 p.m. – Americans with at least $100,000 in investable assets now have lower expectations for investment returns, according to Opinion Research Corp., Princeton, N.J.

The polling firm found that 390 affluent adults surveyed in March are now expecting an annual market return of 9.5% over the next 10 years, down from 12.9% in August 2001.

The survey participants, who predicted correctly shortly after the Sept. 11, 2001, attacks that the stock market would rebound within six months, are now predicting the stock market will increase by 7.6% over the next six months, Opinion Research says.

The survey also found that the average participant had a portfolio with $738,000 in assets. Sixty-three percent of the participants had mutual funds, and almost as many had individual and employer-sponsored retirement savings plans.

Thirty-six percent of participants said their portfolios had increased somewhat or significantly in the past year.


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