WHERE THE WEALTHY ARE INVESTING NOW
By: Stephen Alpher, SA News Editor
While publicly traded stocks at 35% remain the most popular investment, that’s down from 43% one year ago and 49% in 2012. ETFs at 25% are up from 21% one year ago.The most popular equity sectors are financials (NYSEARCA:XLF) at 27%, followed by Consumer Discretionary (NYSEARCA:XLY), and Energy (NYSEARCA:XLE), both at 16%. Apple (NASDAQ:AAPL) and Berkshire Hathaway (BRK.A, BRK.B) again hold the two top spots for individual picks, with the S&P 500 SPDR ETF (NYSEARCA:SPY), the Health Care SPDR (NYSEARCA:XLV), and the MSCI Emerging Markets ETF (NYSEARCA:EEM) rounding out the top five.
Source: Tiger 21 Member Favorites Survey