CHICAGO, IL--(Marketwire - Jun 27, 2012) - Spectrem Group announced today that its Spectrem Affluent Investor Confidence Index (SAICI®) gained 1 point in June, reversing two consecutive months of declines. The Index measures the investment confidence and outlook of households with $500,000 or more in net worth.
The Spectrem Millionaire Investor Confidence Index (SMICI®) dipped two points to 1, a five-month low.
"Millionaires in particular continue to have concerns about the prolonged economic downturn," George H. Walper, Jr., President of Spectrem Group, said. "This is reflected in the Household Outlook component of the Index, The overall Millionaire Outlook dropped to its lowest reading since last November, while Millionaire confidence in the economy posted its lowest reading in eight months."
When asked what they consider to be the most serious threat to achieving their financial goals, Affluent investors cited the political climate. Millionaires were most likely to consider the ongoing Eurozone crisis to be the most serious threat to achieving their financial goals.
Additional insights from the indexes are available on Spectrem's Millionaire Corner website (www.millionairecorner.com). These include:
- Affluent Investor Confidence Posts Slight Gain Amidst Worries About Economy
- Millionaires Build on Real Estate Investments
Index Historical Performance
| February, 2012 |
March, 2012 |
April, 2012 |
May, 2012 |
June, 2012 |
|
| Spectrem Affluent Investor Confidence Index® | -5 | 5 | 2 | -5 | -4 |
| Spectrem Millionaire Investor Confidence Index® | 4 | 10 | 8 | 3 | 1 |
Methodology
The Spectrem Affluent Investor Confidence Index (SAICI®) is based on 250 monthly online interviews with the financial decision-makers in households with $500,000 or more in investable assets. The Index has a margin of error of plus or minus 6.2 percentage points. The Spectrem Millionaire Investor Confidence Index (SMICI®) is based on a subset of the overall survey group.
About Spectrem Group
Spectrem Group is a strategic consulting firm specializing in the affluent and retirement markets, integrating proprietary research with expertise in building business, marketing and M&A strategies.
About Spectrem's Millionaire Corner
Spectrem's Millionaire Corner website (www.millionairecorner.com) is a powerful source for up-to-the-minute news and information for investors and offers investors the ability to search for a financial advisor.