Gold 401K

Should I liquidate my 401K because the dollar is going worthless?

Should I liquidate my 401K retirement plan, taking the big penalty hit? I’m thinking the dollar will soon be worthless, and any money I can put into gold would be better than losing it all.

This is not the first recession we’ve seen in our economy. There are constantly ups and downs with stocks and mutual funds. Not only should you not liquidate your retirement you should probably up your contribution to the plan. Things will rebound and you’ll be losing out on a lot of growth potential plus paying the penalties. Unless you are nearing retirement, let it ride. The best investment advice is to buy low and sell high. Why are you even thinking about selling when it’s low??? Hang in there!!!

Gold is an excellent form of protection for your IRA and 401K

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