Mutual Fund Buzz for July 30: Investors Still Favor Bond Funds

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Since the Bernard Maydoff debacle, it is no wonder investors are a little intimidated when it comes to investing. The investor has to be a little gun shy after so many "savvy" investors got burned. Perhaps if the government regulators, that were to protect our investments, had gotten burned by Madoff, they would be more attentive to their duties in the future. More regulations are sure to implemented soon, and it has to seem like we are closing the barn door after the horse is long gone! The next task will be to make sure the regulators are watched so they will make sure the rules are followed.

Lee Hansen of MI 3:07PM July 30, 2010