Some are accumulating cash or stashing it in funds tracking bonds or money markets to take advantage of yields that have soared to 16-year highs. Many have pulled money out of U.S. stocks, putting equity exchange-traded and mutual funds on track for the first year of outflows since 2020. Many have learned it is tough to make money when stocks aren’t steadily climbing—or have abandoned dreams of making a living trading stocks. He recently threw in the towel on options trading and has been treading more carefully when trading futures. Some investors said they have learned that trading too much can quickly drill a hole in their portfolios.

Source: Wall Street Journal October 16, 2023 00:07 UTC