but before the crash I had put most in the only "safe" investment that they offered....US Reserves....there is no other option...
any advice?....if I could park it in a savings account, I would if they offered one...
Self direct your investments as they try to swap 401k providers hoping you don’t bother to change their default recommendations as each new fund plays games with your money.
Great if they have a precious metals fund but I doubt it. Look for commodity funds first, dealing in foods then cotton then miners or minerals. Then look for emerging markets funds invested in South America, India, Australia, Canada. Then look for foreign country bond investments fund like Canada, Australia, Swiss, India, China. Last look for US companies in a fund that are primary overseas ventures (cheap labor) or companies that engage in supplying the war machine (planes, guns, bombs, etc.)
Or stop investing money in the 401k all together and take a loan out and buy precious metals starting with silver. Of course you will be paying yourself back in the long run while parking that payback money hopefully in a 401k fund listed above. After paying the loan off, get another loan and reinvest outside the 401k. An investment in silver coins (rounds) or gold will all by itself hold value while the US dollars falls. And it will, too much debt pending.