As 2011 draws to a close, many investors are continuing to seek safety, TrimTabs Investment Research said Wednesday. They are socking most of their money into bank savings accounts and bond funds.
“During the past month, more than $50 billion has flowed into bank savings accounts, and another $30 billion has gone into bond funds,” said TrimTabs CEO Charles Biderman. “Safety is the most important criteria for investors today.”
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