Meanwhile, what's on the mind of your fellow advisors?(Brief Article)

Research, December, 2005

The Rydex Advisor Confidence Index plummeted in September, after rising for four months, to 112.78, from 123.97. Many advisors who participated in the survey cited Hurricane Katrina and increased energy costs for their gloom. One thought generosity was the problem: He wondered if Americans were so generous in making donations for hurricane relief that they'd find it necessary to cut back in spending elsewhere.

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National Financial, part of Fidelity Investments, also conducted a study of planner satisfaction, in the spring of 2005. On average, the surveyed planners expected the S&P 500 to return nearly 7.2% over the next 12 months. The S&P 500 has a three-year average annual return of 4%, and a 10-year average annual return of...

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