One
of the effects of the late 1990's economic and technological booms is
a surge in the personal wealth of many Americans. Investors have always
been a sector of American society, but never has it been so large as
to warrant a class distinction.
Wall
Street's ties to government and economic policy account for why investors
have traditionally been present at the polls. Investors tend to be knowledgeable
as well as more vocal about their opinions. They are a large bloc of
the general voting population and they can not to be overlooked.
This
combination is what spawned TIPP's decision to analyse the "Investor
Class" for its partner publication Investor's Business Daily.
A
total of 3,746 likely voters were interviewed for IBD/TIPP Voice of
the Investor Class polls since Labor day. The national sample used for
the polling was computer generated to cover published and non-published
telephone numbers.
Of
the 3,746 voters, 2,179 (58%) were classified as investors. Our definition
of an investor is someone with $10,000 or more in the market.
We
present the profile of the investor class as well as non-investors in
graphs and tables.