Just curious who actually check their 401K today. I did. Wow!
Ours was moved for us due to unemployment. I think it was a wise move on your part, mikandmari. You should never invest more than you are willing to lose. Our entire retirement fund is more than I would be willing to risk.We each have a 401K and a Roth IRA. Last spring I moved them over to money market & treasury bond funds. We worked hard for that money, and we'd rather see it earn nothing for a while than lose lots of it. I learned a little from previous bear markets. We'd like to retire someday!
Did anyone else here move their money? I read somewhere that this will be an issue also... with the middle class sitting on their money, I guess the fat cats of Wall St will be in even more trouble.