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Thread: 401k - If stock recovers today - Should I sell everything & pay penalties?

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  1. 08-19-2011, 03:51 AM #1
    V4Vendetta
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    401k - If stock recovers today - Should I sell everything & pay penalties?

    401k - If stock recovers today - Should I sell everything & pay penalties?

    I am tired of seeing the serious losses I am taking. Then it recovers, only to fall again. From my understanding of history, this means that collapse is about to happen.
    Better to cash out my 401k if it recovers, then take the risk of losing it all correct?
    Last edited by V4Vendetta; 08-19-2011 at 03:58 AM.
    "Governor, if I had foreseen the use those people designed to make of their victory,
    there would have been no surrender at Appomattox Courthouse; no sir, not by me.
    Had I foreseen these results of subjugation, I would have preferred to die at Appomattox
    with my brave men, my sword in my right hand."     - Robert E. Lee to Governor Fletcher S. Stockdale (D-Texas), 1870
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