In a Financial Upturn, Recovery of Mindset Is Most Important

Between October 2007 and March 2009, the U.S. stock market plummeted 55 percent. And during this time, as noted by Jason Zweig in The Wall Street Journal, the vast majority of 401(k) investors made no adjustments to their portfolios. 

And then, in early March 2009, some of these “sitting bulls” finally bailed from the market as fear reached a fever pitch and some experts were warning that the next big drop was just around the corner. (more…)