X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
There’s something to be said for sticking your head in the sand and ignoring reality. (Photo: Shutterstock)

The 2008-2009 market downturn was the worst fall in the memory of most investors. When they opened their 401(k) statements in the first quarter of 2009, many investors panicked. They committed the second-worst sin an investor can commit: They sold low. (The worst sin is buying high.)

Christopher Carosa

BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.