To: grobdriver
Mine too. I don’t believe ANY 401K has a true cash option. They all have bonds. While the safest and most conservative option, they are bonds. If the bond market tanks, then that options sucks too.
11 posted on
03/15/2014 4:11:37 PM PDT by
RacerXSpeedRacer
(We must remove the "old guard" RINO's.)
To: RacerXSpeedRacer
Yes and “know”. If your cash was in bonds when the market crashes, you convert them to the stock which now costs less. Most market crashes will reward this type buying.
13 posted on
03/15/2014 4:55:52 PM PDT by
Jumper
To: RacerXSpeedRacer
Which is why Ellis: “Don’t own bonds” caught my eye.
18 posted on
03/15/2014 5:22:51 PM PDT by
grobdriver
(Where is Wilson Blair when you need him?)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson