What you should do with your 401(k) in a highly volatile market

  • 📰 cnnbrk
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 55%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

For individual investors, the quick-turn global rout in stocks on Monday was unsettling, despite news Tuesday that stocks staged a rally.

Also unwelcome: Expectations that volatility will continue for the foreseeable future. Investment strategists at retirement investment advisory firm TIAA expect it to last at least through the presidential election, said Doug Ornstein, a director on TIAA’s wealth management team. That’s thanks to uncertainty around the presidential election outcome, concern about interest rates and economic factors like jobless claims, as well as geopolitical risks.

” Over the past 20 years, he added, if you had stayed fully invested in the market throughout, your average annual returns would be nearly twice what they would have been had you missed the 10 best days. As a 401 investor, the best thing you can do is to save as much as you can, diversify your holdings to minimize the risk and volatility in your portfolio, and rebalance your holdings if your chosen asset allocation gets too far out of whack, Smith said.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 393. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

What you should do with your 401(k) in a highly volatile marketIf you're investing in a 401(k), daily market dramas are no reason to take dramatic actions with your portfolio.
La source: abc7newsbayarea - 🏆 529. / 51 Lire la suite »

What you should do with your 401(k) in a highly volatile marketIf you're investing in a 401(k), daily market dramas are no reason to take dramatic actions with your portfolio.
La source: ABC7 - 🏆 67. / 68 Lire la suite »

What you should do with your 401(k) in a highly volatile marketIf you're investing in a 401(k), daily market dramas are no reason to take dramatic actions with your portfolio.
La source: ABC7NY - 🏆 592. / 51 Lire la suite »

What short-term market volatility means for your 401(k)Widespread fears of a U.S. recession sent global markets tumbling Monday, with the Dow Jones Industrial Average falling by over 1,000 points in midday trading. Here's what it means for your 401(k).
La source: 10News - 🏆 732. / 50 Lire la suite »