While there are now less 401(k) millionaires, investors did make smart moves during market volatility

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

While there are now less 401(k) millionaires, many investors still made smart moves

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Um, Ms. Konish, the market has recovered its losses . . .

Just got the report on my personal taxes. Not seeing much benefit from that sweeping reform. Not really surprised either. I'll be fine because I'm as careful and frugal as possible, but others might not be so lucky. Buddy, can you spare a million? (I kid, of course)

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jumpy market gives young investors first big test of resolveNEW YORK (AP) — After gliding through years where stocks mostly just rose, a generation of investors last year suddenly confronted a hard financial truth: Stocks are risky and can plunge at any moment. For older investors, the nearly 20 percent drop in the S&P 500 index from late September through Christmas Eve was a reminder of the fear that gripped markets during the 2008 financial crisis, though not as bad. But for many investors in their 20s and early 30s, it was the first test of their mettle since they opened 401(k) and brokerage accounts. Yep I kept my $10 in apple stock and haven’t looked back Yeah, never mind the fact that most Millennials were over 18 in the last crash, this is the first one. Wait until they see the bottom.
Source: AP - 🏆 728. / 51 Read more »