Investors who remain invested tend to fare far better in the years after a market downturn than those who sell and try to jump back into stocks. That’s why T. Rowe Price (TROW) financial planner Judy Ward is pleased that her clients are remaining resolute during the recent market volatility. ‘We are glad to see that a majority of our investors stayed the course during the recent market volatility, as there can be a significant cost to cashing out during this time,’ said Ward. While call volumes and web traffic spiked, less than 2% of T. Rowe Price’s 401(k) investors took any investment action during the August 2015 and January 2016 market fluctuations, according to Ward.
Subscribe to TheStreetTV on YouTube:
For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:
source
