Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Life Insurance

Investor Poll: 1 in 3 Investors Are Less Willing to Take on Risk

X
Your article was successfully shared with the contacts you provided.

The current economic climate has curbed many investors’ appetites for risk, according to a new survey.

TD Ameritrade Holding Corporation (NYSE: AMTD), Omaha, Neb., released this finding in a survey of 1,035 investors who have at least $10,000 in investable assets and own securities in brokerage accounts. Conducted by Research Now, London, U.K., the survey polled investors to learn their views on economic conditions and market outlook.

When asked what changes they made to the way they’ve invested in the markets over the past six months, 34% of investors surveyed said they had taken on less risk. That’s compared to 22% who answered the same just three months ago.

Looking ahead to the next three months, nearly half (47%) of investors said their outlook for investing conditions in the U.S. stock market is “optimistic,” compared to 66% who said the same back in April.

When asked what they would have done differently before the recession of 2008-2009, many survey respondents said they would have changed the way they managed their money. Specifically:

71% would have spent less and saved more.

65% would have lived within their means.

60% would have taken more personal responsibility for managing their money.

More than 8 in 10 (86%) of the respondents said they contributed the same amount as usual or more to their IRA over the past six months.

“The slow recovery of the U.S. economy, Europe and its ramifications on global and domestic economies, and the political situation in the U.S. are all weighing heavily on the minds of retail investors,” said Tom Bradley, president of retail distribution, TD Ameritrade, Inc. “Despite the bearish sentiment, our clients continue to monitor accounts at levels similar to last year, but they’re waiting for a little more clarity on key issues before they completely engage.”


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.