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you could leave it in your 401k and just move the money more into bonds and treasuries if your scared of losing anymore and your invested in a lot of stock. but since most stock is really low right now there isn't much more down it can go, except of course if our economy totally goes down the shitter and we go into a depression. if you stuck it out this long and won't be retiring anytime soon just keep it in stock. when the economy rebounds and according to history it usually does stocks is where you will make the most returns, not in bonds and treasuries, those investments are more to keep the current balance in your 401k stable and since your current balance already went down the toilet doesn't really make much sense to do it this way.
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