Strategies to keep your money safe amid market volatility
Stock markets in the U.S. and around the globe have dropped since last week when President Donald Trump introduced tariffs on most imports. The sell-off is causing some Americans to rethink their financial investments, despite financial advisor recommendations to stay the course.
Money flowed in and out just 0.10% of 401(k) balances overall last week, according to data from Alight Solutions, which administers company 401(k) plans.
While small, the share is significant, Alight’s research director Rob Austin said in an email: “This is roughly four times average, because we typically see this level in a month.”
More than half, 53%, of the outflows in the week ending April 4 — $140 million — came from large-cap U.S. equities, he said….
