We are in uncharted territory, but don’t panic.
Feeling freaked out by the markets? We are in uncharted territory, mostly because COVID-19 is shuttering businesses and quarantining their customers around the world. Until those companies and customers return to business, things will be scary. (That’s probably why “401k” was trending on Twitter earlier this week.) If you planned to cash out your retirement funds or 401(k) in the next five years, it’s nail-biting to watch the market charts right now.