Fixing Your 2 Biggest 401(k) Investing Mistakes

While stocks ended the year down about 18%, at their worst in 2022 they were down around 25%. Selling near the bottom would have caused you to underperform, possibly by more than the gap between -18% and -23% would indicate because your 401(k) may have owned bonds, and when you dollar cost average through regular payroll contributions into a down market your performance is better than the market for that year. Fear causes investment mistakes. I get it. I make my own mistakes too. Giving into it isn’t a recipe for success. If you sold near the bottom last year your market timing formula is broken, and you don’t need to make moves like this to protect your portfolio. The market will do the work for you given time. It always has. <a href="https://medium.com/@sammy_25790/fixing-your-2-biggest-401-k-investing-mistakes-9ec2dd74bb40">Visit Now</a>