Investors with at least $100,000 to invest are sorely in need of guidance on fixed income risk, asset allocation and retirement readiness, MFS Investment Management found in a survey of 613 investors.
Forty-three said their risk tolerance has decreased, and only 14% say it has increased. More than one-third, 36%, said their primary investment objective is protecting principal. Before the economic downturn, this was the goal for only 14%. Before the downturn, 50% were willing to take on substantial risk; today, that’s 23%. Today, 65% say they are very concerned about another serious drop in the market.