TD Ameritrade survey: Signs grow that ‘recession’s scars are fading’ - Omaha.com
Published Wednesday, January 15, 2014 at 1:00 am / Updated at 3:20 pm
TD Ameritrade survey: Signs grow that ‘recession’s scars are fading’

Investors are more confident in the markets and more optimistic about their retirement prospects than they were shortly after the 2008 recession, a TD Ameritrade survey has found.

More than two-thirds of investors surveyed said 2013 was a good or excellent year for them financially, as major indexes saw large gains.

“While many Americans took a more cautious financial stance over the past few years, we continue to see signs that the recession’s scars are fading,” said J.J. Kinahan, chief strategist for TD Ameritrade. “It appears investors are feeling the euphoria of a more positive year and are beginning to engage in the market more.”

The Omaha-based discount online brokerage compared results of similar online surveys conducted in 2010 and again in 2013.

Nearly 80 percent of investors surveyed in December 2013 said they were putting the same amount or more new money into the markets, versus 67 percent of investors who said so in a 2010 survey. And fewer investors report investing less in the markets since the recession, from 32 percent in 2010 to 21 percent in 2013.

TD Ameritrade said investors also appear to be recouping losses realized in the recession. In 2013, more investors, 67 percent, said they were ahead of schedule or on track with their retirement savings goals than in 2010, when just 53 percent said they were on track.

Even after a strong 2013, 84 percent of investors surveyed said they expected 2014 will be just as good or better for their personal finances.

Two in five couples were talking to their spouse or partner more frequently about finances than they did before the recession, conversations TD Ameritrade called a “silver lining” of the recession.

While investors said they were more likely to put money into the markets, they also reported they were less likely to put off making major purchasing decisions: Fewer in 2013 said they were putting off travel, buying a car or buying a home than were delaying these purchases in 2010.

More details about the annual Financial Review & Outlook Survey are at www.amtd.com.

A separate TD Ameritrade measure, the monthly Investor Movement Index, also reveals positive investor sentiments, rising in December to its highest reading in four years. The index shows investors who are engaged in the markets are positioning their portfolios in a “bullish” manner, the firm said.

Contact the writer: Barbara Soderlin

barbara.soderlin@owh.com    |   402-444-1336

Barbara Soderlin covers food safety, ConAgra, technology and employment/unemployment issues.

Developer wants to transform old Millard Lumber site with housing, commercial buildings
Dip in Nebraska economic index doesn’t reflect outlook
Post Holdings buys Michael Foods
Business digest: Target expands subscription service, adds discount
Rural Mainstreet Index finds slow growth
Earnings roundup: Chipotle says it won’t scare off customers with higher prices
BNSF to add trains to handle fertilizer
Walmart touts lower money transfer fees
In brief: Judge doesn’t make GM take cars off road
Airbnb event seeks Omaha-area hosts for Berkshire weekend, CWS
USDA offers aid for disasters that have driven up beef prices
Union Pacific's profits withstand challenging weather
Program gets students with disabilities on the job, ready for future
Nebrasks health officials to advertise jobs via drive-thru
New tenant moves in at old Omar Baking
Applications for U.S. jobless aid edge up to 304,000
Nebraska Crossing Outlets stores, layout
Garbo’s Salon at Midtown Crossing to expand, add loft
New First Data Corp. board member is latest JPMorgan alum
$600 million job-training effort to focus on skill sets
Original Recipe or Extra Crispy? Don't be chicken! Wear your dinner to prom with a KFC corsage
In brief: Bitcoin exchange faces liquidation
Summer concerts to start May 30 at Shadow Lake Towne Center in Papillion
Fed survey sees growth across U.S.
Janet Yellen signals that interest rates will remain low
Deadline Deal thumbnail
The Jaipur in Rockbrook Village
Half Off Fine Indian Cuisine & Drinks! $15 for Dinner, or $7 for Lunch
Buy Now
< >
SPOTLIGHT »
Inside Business
To submit an announcement for "Inside Business", click here. For questions call (402) 444-1371 or e-mail announcements@owh.com.
WORLD-HERALD ALERTS »
Want to get World-Herald stories sent directly to your home or work computer? Sign up for Omaha.com's News Alerts and you will receive e-mails with the day's top stories.
Can't find what you need? Click here for site map »