Investing style and COVID impact on investing. Survey results

Last Friday, December 1, we surveyed our members with the two issues below.

Poll results

1. Select which option best describes you.

I am a do-it-yourself (DIY) investor. 45.90%
I am a do-it-yourself (DIY) investor and I use the services of an advisor as well. 40.50%
I have a financial advisor manage my investments entirely. 13.50%

2. Given the negative impact on the economy caused by COVID-19, will you change the way you invest?

Likely 21.60%
Unsure 16.20%
Unlikely 62.20%

Our comments are below.

Concerning DIY investing, advisers need to buy groceries and pay the rent. After expenses, very few of them can equal the S&P 500 over the course of a decade. Equalling the S&P 500 is something that most of our members can teach a high school student to do.

Please review our post on Standard and Poor 500 vs Active Investing (SPIVA).

Concerning the way we invest, the Monday Morning Program needs no adjustments.

Historically, over the long term, properly selected market index exchange-traded funds, held in tax-advantaged accounts, have been the investor’s best way for growing savings and are likely to remain so for many years. This describes the Monday Morning Program.

A sincere thank you to all who participated.

We have designed the Monday Morning Millionaire Program to offer abstracted investment education. Over the last two decades, the program has outperformed over 90% of portfolios, including professionally managed ones.

The program does not provide any investment advice or endorsements.

Members can read our posts in less than five minutes. Following and studying the links embedded in these posts would take longer. How members manage a post depends on their level of interest and investing knowledge.


Dr. Milan Somborac

The Monday Morning Millionaire Program supports do-it-yourself (DIY) investors which I have been for over 50 years. About my team and me