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Wall Street Is Extremely Volatile Right Now – How Safe Is Your 401K? GOBankingRates 1/29/2021 Dawn Allcot © Erik Pendzich/Shutterstock / Erik Pendzich/Shutterstock Mandatory Credit: Photo by Erik Pendzich/Shutterstock (11728929h)The Fearless Girl bronze sculpture by Kristen Visbal stands across from the New York Stock Exchange on Wall StreetCoronavirus outbreak, New York, USA - 27 Jan 2021. As the internet keeps buzzing about WallStreetBets, we’re seeing retail traders making thousands even millions against hedge funds as GameStop stock peaked close to $500 midday Thursday. But people who haven’t gotten involved in retail day trading yet may have concerns about what this means for other investments, including exchange-traded funds, 401ks and blue-chips stock people intend to hold for the long haul.

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