Don’t Look! It’s Your 401k Statement

Item: Don’t look! It’s your 401(k) statement /Heather Lalley, SR

More Info: To peek or not to peek, that is the question. Whether ‘tis nobler to suffer the slings and arrows of a sinking 401(k), or toss that quarterly statement straight in the trash? During this economic crisis, with stocks on a scary roller-coaster ride, there seem to be two kinds of people: Those who are following the peaks and plunges of their investments and those who simply refuse to look.

Question: Do you look at your quarterly 401k statement — or do you toss it aside and wait for the market to go back up and stabilize?