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Here’s what you need to know if you’re worried about your 401(k) amid the latest turmoil in the stock market.
For the overwhelming majority of investors, the best thing to do is to make sure you are diversified in your 401(k) year-round, and do not panic-sell in the midst of a declining market.
Losing money in your 401(k) can be unsettling, but fluctuations are part of being a long-term investor. Whether your 401(k) loses value from market downturns or you simply need to rebalance your ...
The temptation to cash out your 401(k) when the market is down can be strong, but there are good reasons not to do this. First, cashing out when the market is down just locks in your losses.
Thursday's plunge of nearly 460 points in the Dow Jones Industrial Average sent stocks back into a bear market and left investors once again wondering how to navigate the financial waters ...
Continue reading → The post How to Protect Your 401(k) From a Stock Market Crash appeared first on SmartAsset Blog. Corrections typically happen every few years when stocks decline 10% or more ...
For example: In early August, markets went topsy-turvy as investors, including 401(k) participants, got jittery about the economy, according to the Alight Solutions 401(k) Index. Stocks began to ...
Even if it isn’t right at this particular moment or next month, it’s very important to remember that, on balance, the stock market helps your 401k.
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