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Last week I moved almost half of my 401K into short term accounts. They are very similar to savings accounts and are very low risk.
I have zero faith in the economy and the current adminstration. I'm not taking any chances with my nestegg until I feel comfortable with the economy. Just a 5% drop means my 401K goes down by $20,000. Too risky for my blood.
__________________ Give a person a fish and you feed them for a day; teach that person to use the Internet and they won't bother you for weeks.
Last week I moved almost half of my 401K into short term accounts. They are very similar to savings accounts and are very low risk.
I have zero faith in the economy and the current adminstration. I'm not taking any chances with my nestegg until I feel comfortable with the economy. Just a 5% drop means my 401K goes down by $20,000. Too risky for my blood.
I'm so glad I made the move to more secure funds. With the Dow down 600 points right now I saved thousands.
__________________ Give a person a fish and you feed them for a day; teach that person to use the Internet and they won't bother you for weeks.
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