"My brokers said they were really safe, but they weren't," says Stonecipher, 59, a substitute school teacher.Americans sold the most in the five years after the crisis â¿¿ $521 billion, or 9 percent of their mutual fund holdings, according to Lipper. But investors in other countries sold a larger share of their holdings: Germans dumped 13 percent; Italians and French, more than 16 percent each.
AP IMPACT: Families Hoard Cash 5 Yrs After Crisis
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