5 Tips to Keep Calm When Your 401(k) Crashes

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It’s not easy to keep your cool in the face of a market crash. Even if you were prepared and had a well-diversified portfolio with everything from stocks to bonds to crypto, things can still go south, and it can be hard to stomach when they do. It doesn’t help that we’re constantly bombarded by news reports about how bad things are for everyone else or that friends and relatives might be quick to share their gloomy outlooks with us. But there’s no need to panic: there are some tried-and-true ways of coping with a crashing 401(k), which will minimize the damage and get you back on track again m…

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