| From Investorplace.com: This week, investment research firm Morningstar issued its most recent Fund Flows Update report. The results are interesting in that overall mutual fund and exchange-traded fund asset inflows (the money put into funds buy investors) in September were a lot less than the outflows (money taken out of funds by investors).
According to the report, long-term mutual funds saw inflows of $14.3 billion during the month, while U.S. equity outflows continued reached $16.3 billion. This, as the report notes, was despite the best-performing September for stocks in 71 years..............................................Full Article: Source
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