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Most investors are feeling good about their financial prospects, according to a survey from the Investments & Wealth Institute that was issued at the start of the COVID-19 pandemic. Of the investors surveyed, 50% are expecting positive rates of return in their portfolios while only a third of them are expecting declines over the next 12 months.
"Except where there may be extreme market declines of 50 percent or more, investors seem secure about their futures, their retirements, and their advisors," the survey found. Specifically, 25% of investors are expecting a rate of return between 1% and 9%, 16% are expecting a rate of return between 10% and 19%, and 9% are expecting a rate of return at least 20%.
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David Thomas
I'm a reporter covering the business of law, with an emphasis on national and global law firms for The American Lawyer, Law.com and other ALM publications.
