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401k
Submitted by jrb112476 on Mon, 09/29/2008 - 12:59
With all the economic stuff going on right now, would anyone suggest draining my 401k and doing something else? Thanks in advance. » |
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After you bail , here is
After you bail , here is help:
help here: http://www.lostbet.com/?g... or call 1-800-567-8238
Tim
GOLD
http://www.rxforliberty.com/10/
Cedar Park, Texas
5 Aug 2007
if you can't do it all...
then just take some out slowly. this would be smart.
Ron Paul 2012
www.josiahgarber.com/blog
www.heirloomgardenpro.com
www.mennonitesforronpaul.com
Bail my friend Bail
get all of your money out of the market. We have 12.5% inflation, so to profit you would have to get above that number. Next year it is predicted to be 20% plus, your profits are getting ate up by inflation. Trust yourself, and invest in gold and silver which keep value despite inflation. The market can be easily manipulated and you could get ripped off in a heart beat. Invest in gold,silver,land or invest in yourself and start a bussiness. But get off of wall street before they make a hobo out of you.
In a democracy you do not always get what you want, but you always get what you deserve. Edwin Albin
In a democracy you do not always get what you want, but you always get what you deserve. Edwin Albin
I told
a family member with 200k+ to take it out. she has 40k with wells fargo and the rest with aig. she keeps complaining about the taxes and the penalties. am i wrong... is it too late to get it out and buy gold and silver?
I believe it's important not
I believe it's important not to panic.
What are your fears concerning your 401k?
Maybe there are alternatives that will work for you without having to drain your 401k.
...
I pulled mine out last week,
I pulled mine out last week, still waiting for the check. It's Morgan Stanley. I hope it gets here before they fail. That will suck.
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Stock up, it's gonna be a long winter.
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A great empire, like a great cake, is most easily diminished at the edges. - Ben Franklin
I moved my 401K money
into the Vanguard money market account in January. It's still within the 401K, so no penalties. Yeah, I'm stuck with 3% return, but it's better the riding the Wall Street roller coaster (which this year just keeps going lower).
This would be left up to
This would be left up to your broker in tough situations like this.
It would most likely come down to you.
Your BROKER?!?!
I would imagine the brokers are opening the windows preparing to jump.
That is why I would assume this person is asking the question on THIS forum.
Broker....LOL
*********************************************
The Second Amendment
The ORIGINAL Homeland Security
?
what are all of you doing??
I pulled mine out
"Lead, follow, or get out of the way."
-- Thomas Paine
A Republic, If You Can Keep It
there was a guy this morning that went to draw out 100.000
the president of the bank come in from the galf couse because of him and he threatend to go to the press if he didn't get it it took him 3 hrs to get his money. so be strong.
Get it out by whatever means you can lie cheat...etc
"Lead, follow, or get out of the way."
-- Thomas Paine
A Republic, If You Can Keep It
bump
..
*********************************************
The Second Amendment
The ORIGINAL Homeland Security
...
bump