If you aren’t close to retirement you don’t worry about damage, and if you are close to retirement your funds are hopefully already stuffed into munch more conservative funds.
Long term investment strategy assumes and welcomes volatility to maximize returns.
Continuous investment in a 401k means that every bubble burst lowers your cost basis (buying stocks at a “discount” post-burst, lowering your average price paid).
Long term investment strategy assumes and welcomes volatility to maximize returns.
Continuous investment in a 401k means that every bubble burst lowers your cost basis (buying stocks at a “discount” post-burst, lowering your average price paid).