In the interview below, Linda Shelby, a Merrill Edge executive, sits down with Brendan Byrnes to discuss the most recent Bank of America Merrill Edge Report. The report is a semiannual study that puts the behaviors or mass affluent consumers into perspective. At nearly 28 million households in the United States alone, understanding the sort of massive trends that affect these individuals can have powerful implications on your investments. Understanding paradigm shifts like those discussed here is a cornerstone of Motley Fool superinvestor David Gardner's own investing strategy, and is critical to achieving his market-thrashing returns. I invite you to learn more about how he discovers his winners; just click here now to read more.

Brendan Byrnes has no positions in the stocks mentioned above. The Motley Fool owns shares of Bank of America and Johnson & Johnson. Motley Fool newsletter services recommend Johnson & Johnson. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.