Survey Says...
Charles Schwab completed an Investor Confidence Survey this past September and they reported on some interesting results. The question was asked to over 12,000 participants what they would do if they received a $25,000 windfall. Here is how the numbers broke down:
- 62% of the surveyed participants said that they would invest the money
- 29% said they would save the money
- 24% would use the money to pay off debt
- 14% would spend the money
- 6% would donate the money to charity
The survey allowed for multiple responses. So if you received a windfall what would you do with the money? It is interesting to note that a vast majority would invest the money. Savvy investors see an opportunity in the market and in housing. This is the time when real wealth will be created. Are you taking full advantage of this real estate market?
Posted by: 
Glenn Hanon
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