Conservative Investing May Be Long-Term Trend--Survey Dow Jones Newswire (08/18/03) Vol. 162, No. 6 p.B1; Chu, Kathy
The economic downturn and rising unemployment will prompt more investors to be cautious with their investing, even when the economy recovers, according to a study by Plan-it marketing Intelligence. According to the study people have become more risk-averse. Three-quarters of the 600 people polled said they will continue to purchase "safer" investments even when the economy recovers. Results also show that people's increasingly conservative attitudes make them more likely to purchase fixed-rate annuities, long-term care products, and whole and term life insurance.