The Individual Investor Takes A Holiday
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From 247wallst.com
In most big market downturns, individual investors give up the ghost and move money to their mattresses. Not only do they think that a bad economy will continue to drive equities down. They think that the fix is in when they see rich crooks like Madoff rip off the wealthy and the smart money. Even institutions who know what they are doing get gored.
This stock sell-off is no exception. Individual investors appear willing to take no return in money market funds rather than see their net worths hammered further.
Read More at 247wallst.com >>>
In most big market downturns, individual investors give up the ghost and move money to their mattresses. Not only do they think that a bad economy will continue to drive equities down. They think that the fix is in when they see rich crooks like Madoff rip off the wealthy and the smart money. Even institutions who know what they are doing get gored.
This stock sell-off is no exception. Individual investors appear willing to take no return in money market funds rather than see their net worths hammered further.
Read More at 247wallst.com >>>
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