January 15, 2010

Day trading online – Annual family income is approximately $6,500.

The average investor in closed-end investment companies is also fifty-five years old. His annual family income is almost $8,900; besides his investment company shares, he has accumulated individual stocks and savings worth slightly less than $22,000. Occupationally, professional people are the largest category of holders, about 30 per cent; roughly 20 per cent are in the executive-administrative group. Retired persons are third among the "lump-sum" purchasers. Those in the over-sixty age group form the largest category of regular account holders; persons in the thirty-to-forty-years age group make up about 60 per cent of the accumulation-plan holders. Institutional investors are important.