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Wealthy Investors Still Love Stocks, But Real Estate Is On Fire

Tiger 21 members think retail stores are doomed, but industrial and workforce housing is hot.

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Real Estate Is Hot in Cities, But Not in NYC or San Francisco

For all the talk about how stocks may be overvalued, almost two-thirds of the members of an elite multimillionaires club expect the stock market to end 2021 even higher.

The portfolios of members of Tiger 21 — a network of wealthy entrepreneurs, investors and executives with an average of $100 million in assets — have an average of 22% in public stocks. The group discloses the asset allocation of its 850 members’ portfolios each quarter.