Bull market phase 2- crazy phase- to make tons of money is yet to come IMO

Study: Most Americans don't trust the stock market

(No bull market is over unless crowd joins in and brings in speculation so IMO for me, it is time to buy at every decline.)

Six years after the financial crisis, most Americans remain unwilling to risk putting money in the stock market, according to a new report.

Research by Bankrate.com found that 73 percent of those surveyed are shying away from investing. This reluctance comes despite the low interest rates being paid on savings and government bonds, and market returns that exceeded 30 percent last year.

"People would rather have pathetically low interest rates in something safe rather than (what they see as) the roller-coaster returns on the stock market," Rick Larrick, a professor of management at Duke University, told Bankrate.com.

Play VIDEO

Is the U.S. stock market rigged?

Trepidation around investing in stocks appears to persist across all age groups and income levels. 

"Americans may be avoiding the buy-high, sell-low habit seen in previous market cycles, but only because they're not buying at all," Greg McBride, CFA, Bankrate.com's chief financial analyst, said in a statement. "An overly conservative investment stance compounds the problem that so many Americans have of not saving enough for longer-range goals like retirement."

Full article: http://www.cbsnews.com/news/study-most-americans-dont-trust-stock-market/