Why Are People Dumping Domestic Equities?
It seems strange to me that people are dumping domestic equities. Although the domestic economy has certainly seen its share of setbacks along with a slower recovery, there is definitely a lot of huge potential here. For the most part, Growth Funds have been decent performers when compared to their benchmarks and the index itself, even though all three are in the red (although some growth funds are actually in the green by a healthy margin). Still, the big point I am trying to make is that with all of these people dumping domestic equities, all it takes is someone with $1,000 to buy a growth fund these days and look like a hero in a few years.
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