Fidelity has your back when the trail gets rough.
When the market gets bumpy, it’s easy to feel unsure about your next move. But you’re not alone—and you don’t have to figure it out on your own.
Fidelity is here to help. As the company that manages your GE Appliances 401(k) MySavings Plan, Fidelity offers personalized guidance for every stage of your financial journey—from staying calm during market volatility to building long-term wealth.
Here are a few highlights from Fidelity’s tips for riding out market ups and downs:
1. Keep perspective: Downturns are normal
Markets go up and down. Historically, they’ve always bounced back.
2. Get a plan you can live with – through market ups and downs
Your mix of stocks, bonds, and short-term investments will determine your potential returns, and help you weather the storms.
3. Focus on time in the market – not trying to time the market
It can be tempting to try to sell out of stocks to avoid downturns, but it’s hard to time it right. If you sell and are still on the sidelines during a recovery, it can be difficult to catch up. Missing even a few of the best days in the market can undermine your performance.
4. Invest consistently, even in bad times
Some of the best opportunities come when the market looks rough.
5. Get help to make the most of a down market
- While no one likes to lose money, your financial advisor may be able to help you take advantage of a down market.
- Down markets may also be a good time to meet with your advisor to discuss adjusting your investment mix or taking advantage of opportunities when prices are low.
6. Consider a hands-off approach
If you’re uncomfortable with market risk, consider turning your portfolio over to a professional through a managed account or all-in-1 mutual fund.
If you don’t have a strategy, or think yours may be off track, start planning now with our online tools. Or schedule an appointment with a Fidelity representative.
Fidelity: Support for Your Financial Future
Fidelity administers GE Appliances’ employees’ 401(k) retirement MySavings Plan and provides guidance for all your financial goals, from getting out of debt to buying a house or saving for college.
Explore GEAppliancesWellWithin.com to learn more about Fidelity and 14+ resources and inspiring employee stories about what matters most—your emotional, social, physical, and financial wellbeing.