2020 is one for the record books. We have experienced dramatic market swings with the unprecedented drops in March, to the new highs and lows in October.
A few months ago, people were afraid to open and look at their 401(k) statement. The historical lows could not have hit at a worse time for first quarter statements. In early October, with the markets hitting new highs, people couldn’t wait to see the statements. Which leads us to the question: What do we advise people to do now?