To: rabscuttle385
Good article. I moved our 401K to the "principal preservation" section about a year ago. I hope that was the right thing to do, as we will be needing it by the end of the year.
Carolyn
3 posted on
07/11/2008 10:50:22 AM PDT by
CDHart
("It's too late to work within the system and too early to shoot the b@#$%^&s."--Claire Wolfe)
To: CDHart
I hope that was the right thing to do, as we will be needing it by the end of the year. I believe that you made the correct move...as long as you're not in bonds that are at medium or high risk for default within the time frame during which you will be drawing from the 401(k), since it looks like we're in for rough times ahead.
4 posted on
07/11/2008 10:53:38 AM PDT by
rabscuttle385
(Off balance sheet liabilities...they're not just for Enron anymore!)
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