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Orlando, Fla.-Area Investors Continue to Suffer Lack of Confidence.
Jun. 30--Kelly Green remembers the evenings not too long ago when she would dine with friends at trendy downtown restaurants and trade stories about their financial coups. They were young -- still in their 20s -- and oozing with self confidence.
"We all used to talk about the market. It was a favorite topic," said the 30-year-old Orlando interior designer, whose investments have dropped 30 percent since peaking in 2000. "Now, we don't talk about it at all."
No matter how old or how well-off the investor, the past two years have been an angst-ridden ride through the financial fun house. First high-flying dot-coms crashed just months after going public. As the downturn worsened, the accounting scandals that began with energy giant Enron spread to other large corporations.
Market rallies turned into routs, and personal fortunes shriveled. According to the Federal Reserve Board, total household wealth in the United States, adjusted for inflation, fell 12.3 percent from the first quarter of ...
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Source: HighBeam Research, Orlando, Fla.-Area Investors Continue to Suffer Lack of Confidence.