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To: fightin kentuckian

I cashed out of 401k and IRA after 2008 crash. never again.

9 posted on 04/12/2020 11:23:23 AM PDT by exnavy (american by birth and choice, I love this country!)

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To: exnavy

“I cashed out of 401k and IRA after 2008 crash. never again.”

OK, so...… What did you do with the money? Did you lose any in this last crash?

38 posted on 04/12/2020 11:35:58 AM PDT by fightin kentuckian

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To: exnavy

I cashed out of 401k and IRA after 2008 crash. never again.

Same, although I didn't have a huge amount. I didn't have the stomach for the "just hold" strategy, so I remodeled my house and built an addition. I was always more comfortable with real estate.

58 posted on 04/12/2020 11:51:05 AM PDT by truthkeeper (All Trump Has Going for Him is the Votes)

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To: exnavy

exnavy wrote:

“I cashed out of 401k and IRA after 2008 crash. never again.”

How much did you get taxed on the withdrawals?

157 posted on 04/14/2020 6:30:41 AM PDT by WildHighlander57 ((WildHighlander57 returning after lurking since 2000)

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