Andrew Neitlich

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  • Andrew Neitlich, a former financial analyst who once picked stocks for a mutual fund, is among investors across the country who are selling their stocks. Mr. Neitlich, standing in front of one of his investment homes in Venice, Fla., kept his holdings during the crash 12 years ago but is unloading them now. An analysis by The Associated Press found that individual investors have pulled at least $380 billion from U.S. stock funds since they started selling in April 2007. (Associated Press)

    Mistrustful investors fleeing stock market

    Defying decades of investment history, ordinary Americans are selling stocks for a fifth year in a row. The selling has not let up despite unprecedented measures by the Federal Reserve to persuade people to buy and the come-hither allure of a levitating market.

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