The rich know they’re getting richer

Filed under: Banking & Finance,Daily News |

Nearly 60 percent of investors with $10 million or more of investable assets believe their portfolios will grow next year, according to a PNC Wealth Management survey.

Only 4 percent of the high-net worth investors expressed pessimism.

However, 44 percent of investors with $500,000 or more in investable assets expressed pessimism about the national economy affecting portfolio growth next year.

The survey was conducted by Harris Interactive during September and October among 1,509 adults with annual incomes of $150,000 or above or at least $500,000 of investable assets. 111 of the respondents had assets of $10 million or more.