It turns out that doing nothing would've been a worse strategy for mutual fund shareholders since the financial crisis of 2008.
That's the conclusion of Lipper
's Jeff Tjornehoj
, writing on CNBC.com
. Tjornehoj looked at equity and fixed income mutual fund assets and flows from 2008 through 2012 and found that, if mutual fund investors had on average done nothing (instead of moving assets around), stock and bond fund assets would've reached $8 trillion by now, 10 percent up from the end of 2007 but more than $1 trillion below the $9.1 trillion as of April 30, 2013.
For more what its, read Tjornehoj's full article
Neil Anderson, Managing Editor
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