The past year was a very good one for the stock market, and as more numbers come in, we are learning that investors responded very positively to it. Investors put a net total of $352 billion into stock mutual funds and ETFs last year.
That's a new record for stock inflows. Even at the height of dot-com-mania, the figures didn't reach that high. The old record was $324 billion, set back in 2000, just before the bubble burst.
The gains for stock funds came at the expense of bond funds, which had a terrible 2013. Bond mutual funds and ETFs suffered net ouflows of $86 billion last year, which is also a record. The previous low was a loss of $62 billion, way back in 1994.
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