One-fourth of Millionaires, who have a net worth of $1 million up to $5 million, not including primary residence, are invested in REITs, and 20 percent invest in collectibles, accourding to our research. Rounding out the top three are precious metals, which are owned by 18 percent of Millionaire invesors.
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Younger Millioniares, those under the age of 45, indicate a greater interest overall in alternative investment products, according to our research. They prefer precious metals (27 percent), hedge funds (21 percent) and commodities (17 percent).
Collectibles have the highest appeal among investors from the baby boomer generation, according to our research. Nearly one-fourth (23 percent) or investors agest 55 to 65 invest in collectibles, compared to 19 percent of Millionaires younger than 45.
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