According to Bespoke Investment Group, only one or two of the hundreds of key ETFs it tracks typically trade at more than 10 percent above their moving average.
Despite a despotic regime and a big stock market gain last year, bulls are running rampant.
There is a strong case for using top active funds. Some of the best large blend managers take less risk than the benchmark.
Often criticized for their high fees and their complexities, annuities are drawing renewed interest from investors who want security in the wake of the recent financial collapse.