Amid the coronavirus outbreak, don't check your 401(k) balance. Instead, check in on your risk tolerance.
Stock market volatility can be normal, but it’s also unnerving — and for some investors, it’s just impossible to stomach.
See: This plunge looks a lot like the ones that rocked stocks in 1929, 1987 and 2008 — if it keeps tracking, look out But how someone feels while they’re sitting at an adviser’s office or on their couch while they’re setting up an account is not exactly how they’ll feel when push notifications and television network news hosts tell them the market is falling.
But what should a person do when they’re watching the stock market indexes drop, and afraid all of their money will be lost? Also see: Markets plunged Monday on fears of OPEC ‘price war’ — 5 critical questions to ask your financial adviser right now
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