Non-Millionaires More Active Investors

Affluent investors moved away from Cash, down 1.2 points to 28.5, to invest in Stocks, which gained 3.7 points to 33.8.  This is the highest level seen since July 2011.  Market wariness continues however, as the reading of those who chose Not Investing rose 2.6 points to 34.7.

Investment in Bonds saw the sharpest drop, 4.4 points to 10.2.  Stock Mutual Funds fell 3 points to 32.9, which Bond Mutual Funds slipped .1 point to 16.8.  Investment in Real Estate gained .4 point to 9.7 as the only category to post a gain.

Non-Millionaires were more invested in the market than Millionaire investors.  Not Investing was down 2.2 points to 34.2 and Cash also dipped by 0.1 point to 29.6.  Bond Mutual Funds rose by 14.2 points to 21.9, as did investment in Stocks, up 11.3 points to 33.5, a level not seen since February 2011.  Stock Mutual Funds rose 8.9 points to 38.4 while Real Estate gained 2.6 points to 8.9.  Investment in Bonds dropped 4.4 points to 8.

Not Investing was selected by more Millionaires, up 7.1 points to 35.1.  Investment in Cash dropped 2.2 points to 27.6, while all other investment categories posted declines as well.  Stock Mutual Fund investment by Millionaires dropped 14.3 points to 27.8 and Bond Mutual Funds fell 13.6 points to 12.1.

Millionaires also invested less in Bonds, down 4.4 points to 12.2 and Stocks, down 3.8 points to 34.  Real Estate also posted a decline down 1.8 points to 10.4.