Really, most don't give a shit any more. They are looking more for capital preservation than taking on bets in a market that is full of bullshit. The wall street game is slowly losing interest. I sense that with the people I talk to most between the ages of 30-50yo. The younger crowd doesn't follow the markets much - most don't even save. They put it in their 401K funds at work and choose the most conservative fund. Most I talked to just leave it in money market and a few just spreading it out among index funds.