The S&P 500 has essentially been flat for 10 years, staring at 1,147.39 at the outset of 2002 and reaching 1,348.08 Monday.
Nervous investors pulled $125 billion out of mutual funds that invest long-term in U.S. stocks last year. And they poured more than that into bond funds, the current ‘friend’ of investors.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access