Embarrassed to say I’m nearly clueless about stocks and left my 401k in a former employer account for a few months. I logged in to start the rollover process to find that I lost over $4k in Q2. I had no idea my savings were still being traded on the market and need advice on what to do! Also, did something happen last quarter in the market that resulted in such huge losses for these shares? I reviewed previous statements and always had gains with the same ones. (My bro in law chose these for me years ago)
Im so lost and nervous and also in the process of purchasing a home and needing to prove my assets.
Big thank you in advance. (Don’t want to seem lazy asking for layman’s terms it’s just complex to me and I have so much going on I can’t study it all fast enough)
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