Publication
Article
Physician's Money Digest
April15 2003Volume10 Issue 7
WHERE THE MONEY WENT
Author(s):
Answer:
A feeble stock market has contributedto sustained outflows ofmoney from stock mutual funds.According to Lipper Inc, investorspulled $5 billion from their stockfunds in December 2002, leading toan overall net outflow of more than$10 billion for the year. Stock fundshad net withdrawals in 6 of the past 7months of the year. Money marketfunds, with their puny returns, hadalmost $50 billion in net outflows forthe year. Where did that money go? to bond funds, which posteda record $130 billion in new moneyin 2002, beating the previous high of$120 million in 1986.
Articles in this issue
Secure Tomorrow, Don't Lose Today
Avoid the Turmoil of Insurance Mistakes
Bulletproof Your Car from the IRS' Aim
The PMD Answerman Q & A
Impart Financial Values to Your Children
Watch Your Nest Egg's Financial Health
Invest Some Land in Your 401(k) Account
Plan According to Social Security Rules
Discover Another Defined-Benefit Avenue
Know All Your Estate Planning Benefits
Investing in Notes Secured by Mortgages
The Physicians' Retirement Quiz
Physicians' Success Secret
Remember Eight Financial Rules to Live By
Track that Portfolio Investment Return
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