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Showing strangely prescient responses, it seems that Wealthy investors were prepared (or as prepared as they could be) for the tumultuous February 27 global stock plunge. 

A cautious optimism is reflected in responses to Spectrem Group questions about investment preferences.  Not Investing is sharply down (-13 points), while appropriately, Cash Investing soared up (+20 points) as more expressed a desire to push assets into safe cash equivalents.

This monthly shift echoes a long-term trend towards investment conservatism, noted in Spectrem affluent investor studies.

It should also be mentioned that Stock and Mutual Fund investing were also up, prior to 02-27-07, though not soaring as high as Cash Investing - reflecting a willingness to reenter the investment marketplace.

Investment Preference- Real Estate.jpgInvestment Preference- Stock Mutual Funds.jpgInvestment Preference- Bonds Mutual Funds.jpgInvestment Preference- Bonds.jpgInvestment Preference- Stocks.jpgInvestment Preference- Not Investing.jpgInvestment Preference- Cash.jpg 




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