Taking your money out of the market and putting it into cash can be tempting when the market takes a downturn. Vanguard investing experts Kahlilah Dowe and Don Bennyhoff explain why acting on the impulse to put all of your money in cash can have a negative impact on your portfolio.
It is not about knowledge.
Case study
I did sell everything in 2008 on my 401 K Par tech account and saved to money market fund. I did not do anything from 2010 to 2019. The company par tech used T. Row Price, and then it was changed to Charles Schwab.
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