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Top Line / Sign of the Times

Hands-Off Investors

December 2006

ar from being day traders, most participants in 401(k) plans are content to sit tight and leave their allocations alone, according to a Wharton School of Business study. Eighty percent made no trades in two years, and 10% made only a single trade, researchers found. The study analyzed retirement accounts managed by the Vanguard Group in 2003 and 2004.

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