Retail investors notoriously buy high and sell low. But in the latest rout, it appears a number of mutual fund investors got the timing right, withdrawing their money prior to the market selloff of Aug. 8-12, according to Morningstar data. In July...
Despite an opportunity to buy stocks on the cheap, retail investors still have a risk-adverse bias, according to recent fund flows. Year-to-date through July, investors have yanked $17.8 billion from equity mutual funds, with outflows of about $31...