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Survey Shows Wealthiest Americans Still Hedging with Conservative Investments.

Knight Ridder/Tribune Business News, June, 2004

By Regina Marie Glick, Newsday, Melville, N.Y. Knight Ridder/Tribune Business News

Jun. 22--The economy may be looking up, but the wealthiest Americans still are hedging their financial bets, according to a new survey.

Saying terrorism is their biggest economic concern, Americans with the largest incomes are remaining conservative in their investment strategies, according to the 2004 U.S. Trust Survey of Affluent Americans. The survey polled 150 people with the top 1 percent of U.S. incomes, those with a pre-tax annual income of more than $325,000 or a net worth greater than $5.9 million.

"I think investors are still concerned about the potential for additional terrorist attacks and are particularly concerned about rising gas and oil...

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