Attention Contrarians

Reuters reports that Vanguard says its customers “invested $130.4 billion in its mutual and exchange-traded funds during the first 11 months of 2012, beating the fund industry’s previous annual inflow record.”

The funds flowed mostly into equity funds. The company’s previous record was $104 billion in 2007.

The money has continued to flood in this month according to spokesman John Woerth.

If the little guy has finally said “the heck with it, I’ll get back into stocks,” it might be a good time to sell them what they want.