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If the stock market falls, will I lose my money?
Possibly. The value of your investments can go down as well as up and you may get back less than you invest.
If you take money from your pension or switch investments when your investments go down, you will be locking in stock market falls.
Remember, investing is a medium to long-term commitment and has tended to do better than saving over five years or more. However, past performance of investments can't be used as a guide to how they'll perform in the future.