Americans are still avoiding stock market investments 10 years after the financial crisis wiped out $16.4tn of assets from US households. Research by Goldman Sachs showed US retail investors have $900bn less invested in stocks than in 2007. Clients are much more concerned about the effect of rising interest rates and inflation on their bond portfolios, he said. While investors are holding fewer assets in stocks, the money they do invest is increasingly going into index mutual funds or exchange-traded funds. The average investor has lost more than half their wealth since 2007, according to a recent report by Bank of America Merrill Lynch.
Americans are still avoiding stock market investments 10 years after the financial crisis wiped out $16.4tn of assets from US households. Research by Goldman Sachs showed US retail investors have $900bn less invested in stocks than in 2007. While investors are holding fewer assets in stocks, the money they do invest is increasingly going into index mutual funds or exchange-traded funds. The average investor has lost more than half their wealth since 2007, according to a recent report by Bank of America Merrill Lynch.