Average investors are fleeing fastest

Minneapolis Star Tribune, MN

Record amounts are flowing out of stock funds while investing in money market mutual funds has increased.

The bubble pops. Stock markets tumble. Investors flee.

It is the narrative of nearly every economic boom and bust, as investors scramble to find other places -- besides underneath mattresses -- to park their money.

Investors pulled $10.5 billion out of stock funds in the week ended Dec. 10, up from $3.3 billion the previous week, according to the Investment Company Institute (ICI), a trade group for mutual fund managers. A record $72 billion flowed out of stock funds in October, according to the ICI's most recent monthly data. Read More...