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Study: 401(k) investors who stayed the course in 2008-09 were big winners

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What should you do about the latest stock market volatility? Nothing at all, according to a recent survey from Fidelity Investments. The mutual fund giant’s just-released report shows that people who maintained a long-term savings and investing strategy are emerging as clear winners from the 2008-09 downturn. This evidence is good to keep in mind as you’re reeling over the latest market downturn.

The Fidelity survey shows that 401(k) plan participants who maintained their equity allocation in their 401(k) accounts during the most recent downturn now have the largest increase in their account balances:

Full story: Study: 401(k) Investors Who Stayed the Course in 2008-09 Were Big Winners – CBS MoneyWatch.com.

Tags : retirement
Kells Hetherington