November 10, 2008

Mutual funds see inflow again; investments could be premature, analysts say

For the first time in 15 weeks, mutual funds saw significant inflow. According to CNNMoney, for the seven-day period ending Nov. 7, investors poured $2.2 billion into equity-based mutual funds, as compared to the $9.2 billion outflow the week before.

End-of-October stock gains lead many investors to put money back into their mutual funds. But as the market turned sour earlier in last week, analysts say the moves may have been premature.

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