Quantcast
Get news, sports and politics alerts

Click here to manage your alerts
Ordinary Americans are losing faith in stocks

Investors » If pullback continues, implications for the economy, living standards are could be big.



< Previous Page


Neitlich, the executive coach, has his doubts.

Instead of using extra cash to buy stocks, he is buying houses near his home in Sarasota, Fla., and renting them. He says he prefers real estate because it’s local and is something he can "control." He says stocks make up 12 percent his $800,000 investment portfolio, down from nearly 100 percent a few years ago.

Photos
At a glance

Investment facts

Since 2007, individual investors have pulled at least $380 billion from U.S. stock funds.

Individuals have put more than $1 trillion into bond mutual funds alone since April 2007.

Foreigners, big purchasers in recent years, have sold $16 billion in the 12 months through September.

Public pension funds have cut stocks from 71 percent of their holdings before the recession to 66 percent last year.

Join the Discussion
Post a Comment

After the dot-com crash, it seemed as if "things would turn around. Now, I don’t know," Neitlich says. "The risks are bigger than before."




Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Top Reader Comments Read All Comments Post a Comment
Click here to read all comments   Click here to post a comment


About Reader Comments


Reader comments on sltrib.com are the opinions of the writer, not The Salt Lake Tribune. We will delete comments containing obscenities, personal attacks and inappropriate or offensive remarks. Flagrant or repeat violators will be banned. If you see an objectionable comment, please alert us by clicking the arrow on the upper right side of the comment and selecting "Flag comment as inappropriate". If you've recently registered with Disqus or aren't seeing your comments immediately, you may need to verify your email address. To do so, visit disqus.com/account.
See more about comments here.
Staying Connected
Videos
Jobs
Shopping
Contests and Promotions