New Money

2009: Hedge Funds and Treasuries Are Out, Munis and Money Markets Are In

By Katy Marquardt

Posted: January 20, 2009

Hedge funds are, like, totally 2006. Looks like millionaires are waking up to the fact that ridiculous fees and zero transparency just aren't worth it--especially when the average hedge fund lost 19 percent in 2008.

Meanwhile, a growing chorus on analysts and market watchers say Treasuries are so 2008. Marketwatch is advising investors to take their gains and "run for the hills." But Munis are still in.

At the same time, more investors are moving their 401(k) assets into money markets and missing out on a historic stock-buying opportunity.

Ubetzqqb

yszYMu

Ubetzqqb of MO @ Jul 15, 2009 12:46:39 PM

Cash is King?

What we have here is another person that is ignorant of the hedge fund industry...while I understand the challenges of public investing, to assume that all hedge funds are derivatives casinos is just plain stupid. head for the hills and put your money under the mattress, I will be by to pick it up soon.

chris of NC @ Feb 17, 2009 16:42:02 PM

Money Markets

Quite simply, Cash Is King! It will be many a year before equities are a trusted place to put any form of nest egg after the lunacies of Pirate Ship Wall St. have been exposed.

Personally, Iam amazed that any sober minded person would ever again have a molecule of trust in any form of hedge fund, derivatives casino operation after 2007 and 2008.

Heading for the hills sounds a good journey to be on right now!

Dave Bawden of NY @ Jan 20, 2009 23:12:32 PM

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New Money

Katy Marquardt, a senior editor at U.S.News & World Report, takes a contemporary look at happenings in the financial world and aims to help young investors get going with their portfolios--or just sound cool at cocktail parties. Have a question? E-mail Katy at newmoney@usnews.com

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