Stock markets rally after global rout

A dramatically bad day for stocks is no reason to take dramatic action with your 401(k).

For individual investors, the quick-turn global rout in stocks on Monday was unsettling, even with news Tuesday that there is somewhat of a bounce-back going on.

Expectations that volatility will continue for the foreseeable future may be unwelcome.

But if you’re investing in a 401(k), daily market dramas are no reason to take dramatic actions with your portfolio. Not only are down days and periods of volatility normal, they can create good buying…

Source link