For Better Investing
August 27, 2010
Millionaires Confidence In Investing Falls In August
By Mike Sachoff
The Spectrem Group has announced that the Spectrem Millionaire Investor Confidence Index (SMICI) fell 11 points in August to -18.

The decline is the biggest since June 2009, and brings the index to its lowest level since that date, when it fell a record 18 points to -20. It also returns the index to mildly bearish territory after 12 straight months in neutral.

In addition, the Spectrem Affluent Investor Confidence Index (SAICI), which measures the investment confidence and outlook of households with $500,000 or more in investable assets, fell 4 points in August to a mildly bearish -20, its third straight monthly decline.

"Millionaires posted their biggest decline in investment confidence in more than a year in August, while affluent investors saw their confidence decline for a third-straight month," said George H. Walper, Jr., President of Spectrem Group.

Continue Reading



Today's Top Videos:
How Retailers Can Leverage the Economic Comeback
Fortunately, online retailers are beginning to see the economy bounce back. According to Ryan Gibson, the Vice President of Marketing at The Rimm-Kaufman Group, online retailers are...
Facebook Enters Location Market Amid Concerns
Upon many expectations, Facebook announced its new location feature this week called Places. Location services such as Foursquare and Gowalla have become increasingly popular...
Facebook to Take on Google?
Although it's only 6 years old, Facebook has reached a considerable level of success. It is the largest social network, and just last month, it announced that it had more than 500 million users.
Recent Articles:
Introducing Meaningful Business Performance Metrics To Maximize ROI
The new world of Social Media is among the most actively analyzed, misunderstood, and at the same time, celebrated mediums affecting businesses today. At the very least, it introduces a renewed sense of vigor that is challenging creativity and convention and also inspiring more human connections in the process.

Social Media also introduces new channels and methodologies to drive and measure sales, service, and marketing. As such, discerning business executives seek direction to evaluate the opportunity costs associated with new media as well as establish the ROI of engaging in popular networks such as Facebook, Twitter, and YouTube.
Read More...

Softbank Invests $150 Million In Zynga
Social game maker Zynga and Softbank have announced a joint venture to develop and distribute social games in Japan. In conjunction with the announcement, Softbank has completed a $150 investment in Zynga. With this...
Read More...
Goldman Sachs Settles With SEC For Record...
The Securities and Exchange Commission has announced that Goldman Sachs will pay $550 and reform its business practices to settle charges that Goldman misled investors in a subprime mortgage product just as the U.S. housing market was...
Read More...
Wells Fargo Investors Recover $1.4 Billion
California Attorney General Edmund Brown has announced that 3,500 investors, whose holdings in auction rate securities were frozen in the financial crisis of 2008, have recovered $1.4 billion through a settlement with Wells Fargo affiliates. "We went to...
Read More...
Other iEntry Business Resources:
- WebProNews.com
- Jayde.com
- MarketingNewz.com
- SalesNewz.com
- CareerNewz.com
- InvestNewz.com
- eCommNewz.com
- WebsiteNotes.com
- AdvertisingDay.com
iEntry
footer
-- InvestNewz is an iEntry, Inc. publication --
iEntry, Inc. 2549 Richmond Rd. Lexington KY, 40509
2010 iEntry, Inc. All Rights Reserved Privacy Policy Legal