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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowFollowing an unexpectedly strong year for the stock market, 2022 is starting with far more volatility, as concern about interest rate hikes and lingering supply chain issues have kept investors jumping.
So what do you do as you watch the balance in your 401(k) fund rise and fall (and so far this year, mostly fall)? IBJ investing columnist Mickey Kim says to stick with your plan—which probably means doing nothing, although that can be tough.
“When things get rocky, we want to protect ourselves,” he tells host Mason King. “We are thinking: Don’t just sit there, do something. And I will tell you: Doing something is the wrong thing to do.”
Kim explains why and offers some thoughts on why the market is so jittery.
You can read more from Kim at IBJ.com.
Click here to find the IBJ Podcast each Monday. You can also subscribe at iTunes, Google Play, Tune In, Spotify and anyplace you find podcasts. Here are some of our recent episodes:
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Looking for another podcast to try? Check out IBJ’s The Freedom Forum with Angela B. Freeman, a monthly discussion about diversity and inclusion in central Indiana’s business community.
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