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Newsjock

(11,733 posts)
Tue Jan 17, 2012, 04:51 PM Jan 2012

CNBC: Where Investor Money Is Going: 'Under the Mattress'

http://finance.yahoo.com/news/where-investor-money-going-under-191550285.html

Investors have been running from stocks and even bonds as fast as their feet can take them, putting their cash instead in accounts that earn practically nothing but provide shelter from turbulent times.

Over the first 11 months of 2011, plain-vanilla savings and checking accounts attracted eight times the money as stock and bond mutual and exchange-traded funds, according to data from market research firm TrimTabs.

The pace accelerated to nearly 13 times from September to November, the most recent month for which data is available.

... "The real money these days is going straight under the mattress," said TrimTabs CEO Charles Biderman. "The Fed is doing almost everything in its power to entice investors to speculate in overpriced asset markets. Yet investors - particularly on the retail side - are mostly refusing to take the bait."
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CNBC: Where Investor Money Is Going: 'Under the Mattress' (Original Post) Newsjock Jan 2012 OP
Your options are: Arctic Dave Jan 2012 #1
+1000 Blue_Tires Jan 2012 #6
So true. n/t Cali_Democrat Jan 2012 #9
Same thing I've been doing Blaze Diem Jan 2012 #2
We all know the game's rigged. Greybnk48 Jan 2012 #3
Putting Your Money in Your Mattress Is Still Losing Money Yavin4 Jan 2012 #4
Under the mattress or to the funeral home. Lars39 Jan 2012 #5
lol I'll lose it due to inflation before I make one of those greedy effers rich. Blaze Diem Jan 2012 #7
If the markets were a little more closely regulated . . . gratuitous Jan 2012 #8
 

Arctic Dave

(13,812 posts)
1. Your options are:
Tue Jan 17, 2012, 05:09 PM
Jan 2012

A) savings account where you earn little, or

B) stock market where some asshole will rob you of all of it

 

Blaze Diem

(3,384 posts)
2. Same thing I've been doing
Tue Jan 17, 2012, 05:12 PM
Jan 2012

I'll take a minimal interest acct any day, or an old sock for that matter, before I risk a single penny of my money on any get rich quick stock scheme.
Not much of a gambler I guess.

Greybnk48

(10,148 posts)
3. We all know the game's rigged.
Tue Jan 17, 2012, 05:14 PM
Jan 2012

The stupid f*ckers got greedy and killed the goose that laid the golden egg. They could have milked our accounts for years but they got piggy and exposed themselves.

 

Blaze Diem

(3,384 posts)
7. lol I'll lose it due to inflation before I make one of those greedy effers rich.
Tue Jan 17, 2012, 05:28 PM
Jan 2012

They have well proven what they are doing. Criminals..My Credit Union is a comfy place to store my cash.

gratuitous

(82,849 posts)
8. If the markets were a little more closely regulated . . .
Tue Jan 17, 2012, 05:29 PM
Jan 2012

Investors might have some confidence that their money isn't just being tossed into the maw of a sophisticated three card monte game. At least with the sharpers on the street corner, you get the patter and the show for your money.

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