One of the problems facing long-term, patient investors using mutual funds and ETFs is that many of their fellow investors are traders. It’s why we favor individual stocks where you call the shots. Asjylyn Loder reports in The Wall Street Journal on the volatile nature of fund flows, writing:
BlackRock said Monday it received $20 billion in net inflows in the second quarter. While the sum is enormous, it was down from more than $100 billion a year ago. BlackRock is the world’s largest asset manager and a bellwether of low-cost index-based investing.
BlackRock isn’t alone: For the first six months of 2018 the amount of money going into all U.S. passive mutual funds and exchange-traded funds was down 44% from the same period a year earlier, according to data compiled by research firm Morningstar.
Read more here.
E.J. Smith - Your Survival Guy
Latest posts by E.J. Smith - Your Survival Guy (see all)
- Kick-Start Your Weekend with Boston’s: Don’t Look Back - September 20, 2019
- The Fed is Clueless - September 20, 2019
- The Rich and Famous: How to Invest Like Jay Leno - September 19, 2019
- Tucker Carlson Is the Most Important Voice in America - September 19, 2019
- This is Why Vanguard is Too Big - September 18, 2019