- Rober Powell
You are not alone. But that doesn't mean you're in the right. Yes, millions of Americans — despite advice to the contrary — pushed the panic button with their life's savings in late August.
They moved out of stocks and into bonds at the wrong time, according to the Aon Hewitt 401(k) index, which tracks the investment activity of some 1.5 million 401(k) investors. And they did so in big numbers. On Aug. 21, trading activity was two times the normal level, and on Aug. 24, activity was seven times the normal level, and one of the highest trading days on record, according to Aon Hewitt.
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