View Single Post
Old 10-07-2008, 10:43 AM  
Forest
Confirmed User
 
Industry Role:
Join Date: Aug 2001
Location: Hollywood Fl.
Posts: 9,017
Quote:
Originally Posted by bronco67 View Post
So, my 401k should be left alone? I'm in some very non-risky long term mutual funds.

I've thought about taking it out and getting physical gold. Who would say that's a good idea?
IMHO that would be crazy

gold is wayyyyyyyy more volatile and you risk losing everything

most stocks will come back over time and as its a retirement account u dont need it right now

if you want to own gold buy a gold etf like the syder etf GLD
Forest is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote