July AAII Asset Allocation Survey: Equity Allocations Remain at a 2.5-Year High

Individual investors' allocations to equities decreased slightly in the July Asset Allocation Survey.

Stock and stock fund allocations decreased 0.4 percentage points to 70.1%. Stock and stock fund allocations are above their historical average of 61.5% for the 50th consecutive month.

Bond and bond fund allocations are unchanged at 14.5%. Bond and bond fund allocations are below their historical average of 16.0% for the sixth consecutive month.

Cash allocations increased 0.4 percentage points to 15.4%. Cash allocations are below their historical average of 22.5% for the 20th consecutive month.