Baby Boomer 401k's liquidated

Discussion in 'Economics' started by mokwit, Jan 16, 2008.

  1. The effect would be offset by others recognizing their selling as an opportunity to buy.

     
    #11     Jan 20, 2008
  2. FWIW, it takes about 30 seconds at FIDO to liquidate all your 401K funds into cash. No big trauma. I did it over ayear ago. Early, but not sorry. With cash returns at 5% at the time, where was the incentive to take price risk with the S&P paying 1.6% average dividends?
     
    #12     Jan 20, 2008