Clearly, we are witnessing a number of very negative and alarming local and world events playing out around us with relentless, 24/7 news coverage. In addition and often in response to these issues, the investment markets are down significantly since the start of the year and we are seeing the results of this reflected in our 401k balances. It is safe to say that we all are feeling some anxiety. While we can’t predict future events, here are a few fundamental financial/investment concepts that are good to keep in mind especially at moments like these when managing your 401k plan: Stock market corrections happen regularly We should expect them. Historically however, stock market corrections are followed by stock market recoveries. The recoveries/bull markets tend to be longer and bigger than the corrections, which makes sense and explains why over the long term stocks have produced positive returns despite the periodic downturns in the...
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