Resist the urge to abandon the market: your 401(k) during the coronavirus pandemic investinyou (In partnership with acorns.)
It may feel pointless to sock money away into an investment account in a wildly swinging stock market. You also might think it's better to snatch out what's already there. But the market always comes back, experts say — and the company-sponsored investment account is still your ticket to a solid retirement.It's natural to be anxious about investing.
Then say to yourself that it's a long way off. "Young people have 20, 30, 40 years to make back what's happened," said David Blanchett, head of retirement research for Morningstar Investment Management.You may think fleeing the market is making one decision, but it's really two: when to exit and when to go back in.
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