Even in investing, the elite 1 percent are far better off than average investors, a new study shows. In fact, the wealthiest 1 percent of investors did 1.3 times better than the ninety-nine percent of investors, and those who attended a top 20 school did 1.6 times better than those who attended less prestigious schools.
The wealthiest 1 percent witnessed average portfolio returns of 5.8 percent compared to the average return of 4.3 percent, according to a study from SigFig released this morning, a large portfolio optimization platform used by brokerage firms such as Setup a free account to get access to this article (no credit card required).Login required to continue reading.
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