Worried Investors Leaving Money On Sidelines, Allianz Survey Finds
August 23, 2023 by Edward Hayes
A significant number of investors are still keeping their money out of the market because of recession fears, according to a new study from Minneapolis-based Allianz Life Insurance Company of North America.
Of more than 1,000 investors over the age of 18 surveyed for Allianz’s 2023 Q2 Quarterly Market Perceptions Study, 66% said they are keeping their money on the sidelines out of fear of losing it.
Click HERE to read the full story via Financial Advisor
Wink’s Moore on the Market: Again, catching-up on some reading today…
And I found great survey fodder from Allianz Life– full of statty, stat, stats!
Their findings show that “66% said they are keeping their money on the sidelines out of fear of losing it.”
***Indexed annuities provide the opportunity to earn limited interest based on the market’s performance, not subject to the market’s declines.***
Of the Allianz cohort, “61% said they took a loss in the past 12 months due to rising interest rates.”
***Try laddering annuities to combat rising interest rates.***
Check it out. -sjm
