Kiplinger

Don't Push the Panic Button on Your 401(k) Investments

For most people, their 401(k) is their largest investment account, and the stock drop during the last week of February has many folks feeling pretty nervous right about now. We all work hard for our money, so this is a natural reaction. But be careful: If you run scared, by selling off stocks now and moving into cash, you could be positioning yourself to lose money permanently. Remember, people who are patient during short-term dips or market corrections

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