401k losses entha?

[All_is_well]

With coronavirus sweeping across the world, it's easy to forget the epicenter of the disease, Wuhan. Wuhan can be compared to Pittsburgh or Chicago.

As the old saying goes, what goes up must come down. 

U.S. stocks lost $1.7 trillion in market value over the past two days amid concern that the coronavirus outbreak will further damage an already slowing global economy.

If you’re worried about your retirement savings, portfolio managers have some 

advice: Stay the course and remain calm.

If you just can’t stomach the stock market’s losses this week, experts say it’s time to ask yourself: What's my appetite for risk? 

“One of the worst things someone could do is make changes to their portfolio in reaction to the last two days,” says Tom Plumb, president at Plumb Funds. “But if you think your portfolio is too risky, you should develop a new plan over the next three to six months.