The Dow Jones Industrial Average is only about 2% from a record high, but confidence is hard to come by when wealthy investors are asked about the future direction for the market. The percentage of the affluent investors who expect a stock market decline to be booked in the fourth quarter has doubled, according to a survey conducted by E-Trade Financial this month.
Read More
How much you’ll need to invest each month to retire with $3 million at age 20, 30, 40 and beyond
Read More
Microsoft founder Bill Gates takes an aggressive approach to investing, with 60% of his assets invested in equities.
Gates added $16 billion to his net worth this year, despite giving away over $35 billion to charity, according to Bloomberg.
After Jeff Bezos, Gates is the world’s richest person, with total wealth of $106 billion.