Politics and passion are influencing how experienced investors are managing their portfolios in the Trump era, as evidenced by E-Trade’s quarterly tracking survey, released Tuesday.
E-Trade also reported that investors this quarter, at least before Inauguration Day, were feeling much more like Raging Bull and much less Dazed and Confused when asked to pick the movie title that best described their attitude toward the market.
Sixty-five percent of investors purported to be bullish on the market, up from 55% of investors polled in the fourth quarter.
ResearchNow conducted an online survey in early January among a U.S. sample of 904 self-directed active investors who manage at least $10,000 in an online brokerage account. The panel was broken into thirds: those who trade more than once a week, less than once a week but more than once a month and less than once a month. Sixty-five percent of the panel was male and 35% female, and 62% was conservative and 38% liberal.
Political and Generational Divide
The latest E-Trade survey found that 68% of conservatives believed the new administration would benefit their retirement portfolio, compared with just 30% of liberals.