A Third Of ‘Mass Affluent’ Feel Guilty For Not Investing More
Value investors often point to the complementary roles of fear and greed in creating market distortions and investment opportunities, but they might want to add another emotion to the list: guilt. According to a study conducted by Braun Research for Merrill Edge, a third of the 'mass affluent' (what Merrill Edge calls people with between $50,000 and $250,000 in investable assets) felt guilty that they haven’t invested more money this year, outpacing the guilt over food and drink choices (18%) or not spending enough time with loved . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible