9 Things to Do Right Now If Your 401(k) Is Tanking
With the stock market dropping to record lows, you may be wondering what to do with your 401(k). Experts say: Leave it alone.
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With the stock market dropping to record lows, you may be wondering what to do with your 401(k). Experts say: Leave it alone.
If you buy through our links, we may earn money from affiliate partners. Learn more. Studies show that timing the market rarely works in the long-term. Financial advisors say you don't need a lot of big wins along the way to build wealth over time. Instead of timing the market, consider investing the same amount of money each month. When the Dow Jones Industrial Average dropped below 20,000 at the height of pandemic panic in March of 2020, many investors and others assumed the worst. People I know tinkered with their retirement assets, moving most of them to cash. Others paused their normal...