I just withdrew my 401k after watching it decline for 2 years straight and knowing that it's going to continue to decline. I am planning to buy mostly gold with the funds. I only took my funds out about 2 weeks ago and already those funds I was invested in have gone down more (representing maybe another $1k of my money up in smoke. I'm over 59.5 years so I did not have the penalty to pay, but they did take out 20% for fed taxes. I figure I would lose more than 20% anyway if I'd left the funds in there...
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