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October 2007: Stock Market Surges Alone |
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The Millionaire push back into Stocks greatly contributed to the all-time steepest rise for this measure of Investment Preferences, rocketing Stock Investing +11.2 points from 14.8 to 26.0.
They jumped enthusiastically back into stocks, moving the measure from 16.1% in September to 29.8% this month. The Affluent response was weaker, showing a move from 13.3% in September to 19.3% this month; a much less aggressive return to Stocks than Millionaires showed. Stock Mutual Funds slowly trailed their single stock brethren upwards (+5.3), as did Cash (+2), and Bond Mutual Funds (+1.6). Real Estate hovered slightly south hitting a new all time low and Bonds lost two points and hit its lowest point this year. Not Investing dropped –5.2 points (further supporting Millionaire intention to reenter the stock market).
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Investment Preferences 
