In light of the recent market volatility, a new report from Fidelity Investments analyzing the performance of 401(k) balances between Oct. 1, 2008 and June 30, 2011 is quite telling -- giving a testimonial to the value of sticking with the stock market even amid the worst declines.
Among those investors whose portfolios included equity funds and who made no changes during these turbulent 3-1/2 years, the average account balance rose a remarkable 50%. For those who dropped to zero percent equity and who then returned to at least some equity allocation, their account balances rose 25%.
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