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Thread: Would you opt-in to a 401k?

  1. #31
    No! Many were hit hard when the market crashed in 08. A coworker of mine told me she lost about half of what she had put into her 401k over a few decades. This easily destroyed whatever she thought she was getting "for free" from her employers' matching contributions.

    Take that 5% you were going to contribute and buy physical gold and silver instead. The 50% matching contribution, if not destroyed by another market crash could easily be destroyed by inflation. Gold and silver are a great way of protecting yourself from being flat out robbed by the Fed. The same cannot be said about a 401K.



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  3. #32
    If someone loses half of what they put in, and their employer also matched half of what they put in, then they broke even. Just sayin....



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