Investor optimism rose to its highest level in more than two years, according to the Wells Fargo/Gallup Investor and Retirement Optimism Index.
The index, which is based on a telephone survey that was conducted May 16-27, 2013, rose to +43, an increase of 12 points since March. Investors are more optimistic about their ability to maintain incomes over the next 12 months and optimism is especially high among non-retired investors. Retired investors also saw an increase in optimism.
Despite higher optimism, more than half of investors claim they haven't personally benefited from the stock market's rise. Forty-three percent say they have personally benefited from the stock market either somewhat or quite a lot.
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