NU Online News Service, Aug. 28, 11:42 a.m. – Wealthy investors who have formal, written financial plans seem to be doing better these days than wealthy investors without formal plans, according to results of a Web-based survey by Harris Interactive Inc., Rochester, N.Y.
When Harris surveyed 1,649 wealthy investors in March for The Phoenix Companies Inc., Hartford, it found that 46% described their current economic situations as extremely or very comfortable, and 46% described their wealth as extremely or very secure for the long term.
Among investors without formal financial plans, only 40% believed their current economic situations were either extremely or very comfortable, and only 37% believed their wealth was extremely or very secure for the long term.