Georgia Investors Warming Again to Wall Street
(AJC) — Like a lot of Americans, Grady Houston of Carrollton pulled back from the stock market and went to bonds and CDs when the economy tanked and losses grew in his portfolio. Diana Thorne, of Roswell, switched to almost all cash. But the mild thaw in the economy’s deep freeze — along with low interest rates that show no sign of rising — has Houston, Thorne and lots of other Georgians warming again to Wall Street. Money managers for the ultra-wealthy and the Main Street Joe alike say their clients, tired of earning little from low-risk, low-reward investments, are putting more of their cash back to work when they’re able.