Investor Sentiment Holds Steady In 4Q
|PR Newswire Association LLC|
Investors continue to have positive views toward equities, with roughly half (48 percent) saying it is a good time to invest in stocks, while their outlook for fixed income remains mixed. Just over a quarter feel now is a good time to invest in bonds (27 percent), yet a similar share (30 percent) think it's a bad time. Stock market growth is in the near future, according to more than half the investors polled. They think the Dow Jones Industrial Average will be at or above 13,500 by the end of the third quarter of this year. Overall, investors think blue chip stocks (20 percent) are the type of investment with the most potential, with healthcare and energy as the likely best-performing sectors.
Looking toward the New Year, investors revealed that three in ten (29 percent) plan to find ways to trim their household budget in 2013. One in five said their top financial
From a fun and leisure standpoint, more than a third of investors (36 percent) plan to take a vacation in 2013. One in seven (15 percent) plan to exercise or live a healthier lifestyle. Close to one in ten (nine percent) plan to simply enjoy life and be happy, while eight percent claim they do not make resolutions. Only a few plan to save money, pay off debt, or try to reduce stress (each, three percent). Even fewer plan to spend less money or spend more time with family and friends (two percent each).
When asked about their key concerns, nearly two out of three (63 percent) describe themselves as very concerned about political gridlock in
Inflation is a major concern as well. Twenty-six percent feel very concerned about inflation, with the share of investors who think that the rate of inflation will run at more than four percent two years from now increasing to 22 percent from 17 percent in Q3 of 2012. The plurality of investors (44 percent), however, predicts inflation will remain in the three to three and a half percent range.
"While investors certainly have a lot on their minds, our survey indicates that many investors are feeling good about their financial position," said
"Retirement saving and investing remains the top goal for 40 percent of workers in our survey. However, there are signs that enthusiasm for 401(k) investing has weakened somewhat compared with earlier in 2012. About two-thirds (63 percent) say they are likely to invest in a 401(k) over the next 12 months, which is lower than at the same time last year when the figure was 70 percent. One factor may be the third of investors (34 percent) who say they are very concerned about potential changes to the tax advantages of employer-sponsored retirement savings plans, with another 34 percent somewhat concerned about this,"
Concern over unemployment decreased significantly in the third quarter, with 37 percent of investors rating it as a chief concern, compared with 45 percent in Q3 of 2012.
The data were weighted by age and education to reflect the population of Americans matching the survey's qualification requirements. In a similarly-sized random sample survey, the margin of error would be plus or minus 2.98 percentage points at the 95 percent confidence level.
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SOURCE John Hancock Financial