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Real Estate Still Most Popular Among Affluent

A Bloomberg/Los Angeles Times telephone poll of 2,563 adults nationwide from February 25 to March 5 indicated the following:

Affluent U.S. investors are optimistic about their returns this year and say that Asia will offer the best returns over the next 12 months. Sixty percent of affluent investors expect returns of 10% or more in 2006.

Fifty-one percent name Asia as the region with the best investment climate, more than twice the number who say the United States. Only 6% favored Europe, which was seen as all tangled up in regulation.

Where would they put $1 million today? Three in 10 say real estate, 22 percent say stocks, 14 percent favor mutual funds, and 8 percent would choose bonds.