So, welcome to September.
A long-time Wall Street stock market “sell” timing signal.
I can share the historical numbers back to the early 1920’s.
Know that September is the worst month for U.S. stocks.
September deserves attention.
Not because it predicts stock markets will fall.
Because it should remind 401(k) investors to be watchful.
Focus your 401(k) on what is most important now.
If the stock market’s decline.
What’s your 401(k) principal preservation strategy?
Don’t stress out about a potential stock market decline.
Set predefined 401(k) principal preservation rules.
Set a 401(k) “stop loss.”
A percentage or dollar amount of your 401(k) account value.
If the stock market’s fall to that level, you “do something.”
A 401(k) “stop loss” is the point you decide in advance.
Your comfortable level of potential stock market losses.
A clear boundary on your level of 401(k) stock market risk.
You can’t control stock market prices.
Or how your 401(k) mutual funds will react.
You can limit future 401(k) principal losses.
Interested in how a “stop loss” could work in your 401(k) now?
Let’s connect and I can share your specific details.
P.S. 401(k) principal preservation should be a September goal.