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401k rollover
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<blockquote data-quote="FracusBrown" data-source="post: 754727" data-attributes="member: 29360"><p>What makes you think the government is not headed to bankruptcy? </p><p> </p><p>Bonds are considered safe, but you usually are actually losing money by investing in them. Typically the yield is less than the inflation rate. </p><p> </p><p>Spread the money out into several different investments within the 401k. Don't panic and sell or buy. By the time you react it's too late. </p><p> </p><p>Index funds are much safer than individual stocks and most index funds outperform mutual funds in the long run. The so called "expert" stock pickers are wrong most of the time.</p><p> </p><p>If you have no idea what I'm talking about, go to the book store and get a book on basic investing (skip the get rich quick section).</p></blockquote><p></p>
[QUOTE="FracusBrown, post: 754727, member: 29360"] What makes you think the government is not headed to bankruptcy? Bonds are considered safe, but you usually are actually losing money by investing in them. Typically the yield is less than the inflation rate. Spread the money out into several different investments within the 401k. Don't panic and sell or buy. By the time you react it's too late. Index funds are much safer than individual stocks and most index funds outperform mutual funds in the long run. The so called "expert" stock pickers are wrong most of the time. If you have no idea what I'm talking about, go to the book store and get a book on basic investing (skip the get rich quick section). [/QUOTE]
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