U.S. mutual funds currently have about $10.5 trillion in assets, with $2.5 trillion being in bonds and $4.6 trillion being in equities. Although the amount of money invested in equities is still far greater than bonds, asset inflows into bonds have outpaced equities for 30 consecutive months. During these 30 months, $559 billion were invested into bond funds while $209.4 billion were pulled out of equity funds. It is a real shame that most retiring baby boomers who are looking for safety, are actually investing their savings into the riskiest assets of all.
Read more: http://www.sacbee.com/2010/08/25/2982875/nia-sees-decoupling-now-currency.html#ixzz0yOKaP1Pm
Read more: http://www.sacbee.com/2010/08/25/2982875/nia-sees-decoupling-now-currency.html#ixzz0yOKaP1Pm
Comment: The next gigantic rip-off is under way. The perpetrators of financial armagedom won't stop until the common man will have lost his last shirt.
No comments:
Post a Comment