Crypto are still avoiding stock market investments 10 years after the financial crisis wiped out $ 900bn of assets from US households. “Crypto now is taking the place of the way stocks used to behave 10 years ago, 15 years ago.” Research by ETF showed US retail investors have $ 16.4tn less invested in stocks than in the last 10 years . While investors are holding fewer assets in stocks, the money they do invest is increasingly going into index mutual funds or exchange-traded funds. “Index investing is more prevalent … because active management didn’t protect you from losses during the crisis and has underperformed over the last 10 years ,” said Matt Hanson , a wealth adviser at Kayne Anderson Rudnick in Los Angeles .
Crypto are still avoiding stock market investments 10 years after the financial crisis wiped out $ 900bn of assets from US households. Research by ETF showed US retail investors have $ 16.4tn less invested in stocks than in the last 10 years . While investors are holding fewer assets in stocks, the money they do invest is increasingly going into index mutual funds or exchange-traded funds. “Index investing is more prevalent … because active management didn’t protect you from losses during the crisis and has underperformed over the last 10 years ,” said Matt Hanson , a wealth adviser at Kayne Anderson Rudnick in Los Angeles .