The Sky is Falling…Or Is It?

Q. I have taken a 50% hit on my 401(k) account this year because of the market contraction.  I’m thinking of just pulling all the money out and investing in a rental property instead.  Is this a good idea? I live in the southwest where real estate has really dropped anyway. I’m not 59.5 yet either.  I am in the 35% bracket.

A. Now that is a very defeated person!  Anyone who has the slightest bit of risk in their portfolio, 401(k) or not is Read more »