Refreshing Snippets
The Biggest Risk to Your 401(K) Isn’t the Market - It’s Your Reaction
Market volatility can be difficult to stomach—especially when it comes to your 401(k) account. It’s tough to watch your retirement balance drop while the headlines are full of warnings about a possible market correction. In these nervous times, it might be tempting to sell securities and get out; however, the best approach for your portfolio might be the simplest – do nothing.
Understanding Your Investing Behavior
It’s critical that an advisor, such as Refresh Investments, understands the emotions inherent in investing, including your level of worry and your reaction to loss. To get at that, we need to look at the behavioral aspects of financial planning and investing.