Most of us are involved with the securities markets on some level, for most of us it is simply within a 401(k).
So how can we reconcile the extreme swings in the market with our own personal savings goals?
Ask yourself a few questions:
· How long is my time horizon
· How long can I stomach a depressed portfolio balance
· Can I afford to buy more
So what’s going on? Why is the market so volatile?
So as a 401(k) participant what can you do?
· Revisit your investment allocation
· Evaluate your objectives
· Measure your risk tolerance
· Get professional advise