S&P 500 declines 9.3% over three weeks, raising concerns for 401(k) investors
MY MARKET INTERESTS
59m ago
Stock Market Declined 9.3%; Investors Warned Against 401(k) Withdrawals
- The stock market has seen a decline of 9.3% from the value of the Standard & Poor’s 500 index over three weeks, raising concerns for those with 401(k) plans.1
- Investors are advised against withdrawing from their 401(k) accounts during downturns, as it would lock in losses and incur taxes.1
- Historical data shows that since 1980, the S&P 500 has sustained declines averaging 14.1%, yet managed to post overall gains in 34 of 45 years.1
- Younger investors in their 20s and 30s may view current market declines as a buying opportunity due to their longer time horizon for recovery.1
- The stock market has declined by 9.3%, raising concerns for 401(k) investors.
- Historical data shows the S&P 500 has averaged 14.1% declines since 1980 but gained in 34 of 45 years.
10h ago
Background
- During stock market corrections, most stocks decline, with history showing that as much as three out of four stocks follow the overall market trend.1
- Keeping losses small is crucial for investors, with a rule suggesting to sell stocks that drop by 7% to protect portfolios.1
- Stock charts are emphasized as providing the most reliable indicators during market volatility, helping investors make informed decisions.1
- A follow-through day is a key signal for investors to look for when determining the right time to buy stocks again after a market downturn.1
- During stock market corrections, most stocks decline, with history showing that three out of four stocks follow the overall market trend.
- Keeping losses small is crucial for investors, with a rule suggesting to sell stocks that drop by 7% to protect portfolios.
- Stock charts provide the most reliable indicators during market volatility, helping investors make informed decisions.