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Article: Jury Still Out On New Economy Investing; Old Economy Investments Remain in Favor, National Survey Reveals.
- Article from:
- Business Wire
- Article date:
- August 28, 2000
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Business Editors
BOSTON--(BUSINESS WIRE)--Aug. 28, 2000
Mutual Funds, Not Individual Securities, Most Popular New Economy
Investment
Headlines may be trumpeting the New Economy,(1) but most investors still believe that the Old Economy provides the best way to achieve steady growth over the long term, according to national study(2) findings released today by Fidelity Investments(R). However, when Americans do invest in the New Economy(3) - and the majority do - mutual funds are the investment of choice by a significant margin over individual securities.
The study - conducted between May 8 - 23, 2000 - reveals a split on ...