Your 401K consists of a series of 1s and 0s on a computer backed up by your legal system.
After MF Global it’s evident that your legal system doesn’t give a damn about assets if they don’t belong to the right people.
Sell your 401K. Buy physical gold and silver and stand over them with a gun.
Great advice! If one lives in a high tax state, cashing in the 401K is probably going to cost one close to 50% in taxes and penalties. That will require gold to double from current levels to break even on paper. If PM's drop by 50%, one will be out 75%..