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You might be tempted to move to safer 401(k) assets amid coronavirus market swings. What to know before you shift your money | CNBC
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You might be tempted to move to safer 401(k) assets amid coronavirus market swings. What to know before you shift your money | CNBC

401(k) investors have been looking to place their money elsewhere as the market swings due to uncertainty from the coronavirus. Put your thoughts on pause for a minute though before you start switching money around. Kelly Oā€™Donnell, executive vice president at Edelman Financial Engines, and financial experts, are warning people to keep their money where it is. ā€œThe balance is going to go up and down, thatā€™s just part of the market,ā€ commented Oā€™Donnell. Consider talking to a financial advisor who understands the market trends and can help you make the safest decision.

Source: https://www.cnbc.com/2020/03/05/investors-move-to-safer-401k-assets-amid-coronavirus-market-swings.html

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