January AAII Asset Allocation Survey: Stock Allocations Remain Above Average

Individual investors' allocation to equities slightly increased in the January Asset Allocation Survey.

Stock and stock fund allocations increased 0.6 percentage points to 67.0%. Stock and stock fund allocations are above their historical average of 61.5% for the 44th consecutive month.

Bond and bond fund allocations decreased 0.2 percentage points to 16.1%. Bond and bond fund allocations are above their historical average of 16.0% for the third time in 35 months.

Cash allocations decreased 0.4 percentage points to 16.9%. Cash allocations are below their historical average of 22.5% for the 14th consecutive month.

Optimism in the weekly AAII Sentiment Survey was above its historical average and pessimism was below its historical average at the end of January.