RJ and Makay

According to an article recently posted on onwallstreet.com, Spectrem Group’s Millionaire Investor Confidence Index reported that confidence rose 12 points in September to negative-six. This is the largest advance for the Index since May 2009, returned it to neutral territory and offseting an 11-point decline in August.

The Spectrem Affluent Investor Confidence Index measures the investment confidence and outlook of households with $500,000 or more in investable assets.

In response to an open-ended question about the most serious threat to achieving household financial goals, affluent investors in September cited: the political climate (27%); the economy (26%); unemployment (7%); market conditions (5%), health-related issues (2%); and inflation (1%).