The year started poorly for investors, financiers and capitalists. At the nadir of the markets in March of 2009, it appeared the world they had known had ended. But, then, something happened, reminding us all that yes, Annie, the sun will come up tomorrow.
Readers Select Top Fiduciary Stories of 2009: #5 401k Plans Recover Significantly by Year-End
The market boomerang has allowed many 401k participants to recover most, though not quite all, of their losses. A recent study cites three primary factors for this recovery.