CNBC’s Liesman: How to Invest Like the Rich

Thursday, 15 Mar 2007 | 4:37 PM ET

Do the rich really get better investment results? CNBC’s senior economic reporter Steve Liesman joined Bill Griffeth on “Power Lunch” this afternoon with a few tips on how to invest like the rich.

Axis of Easel
A look at whether the rich really do get better investment results, with Steve Liesman, CNBC senior economic editor and CNBC's Bill Griffeth

Do more research: According to Liesman, one way to invest like the rich is to do more productive research. Often times, the rich have more manager selections and the opportunity to find better managers.

Don’t act with the crowd: Obviously when it comes to investing, the rich have more of a cushion and there’s less forced selling, because they’re able to hold out during downturns. Liesman warns against acting with the crowd and says to avoid panic selling.”

CNBC’s exclusive “Wealth in America” poll found that Americans are optimistic about the future. Of those Americans who own stocks, 60% expect the value of their portfolios to increase, while only 8% believe a big drop in the market is a serious concern.


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  • Sue Herera is a founding member of CNBC, helping to launch the network in 1989. She is co-anchor of "Power Lunch."

  • Tyler Mathisen co-anchors CNBC's "Power Lunch." Mathisen also co-anchors "Nightly Business Report produced by CNBC."

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Kenny Polcari