xkatiie Wrote:I just hope they fix this problem and fix it quickly. I pulled my stocks out last week and put my money elsewhere. I'm not loosing anymore money.
That's what a few people did here at my work with their 401k. After losing so much, they went ahead and accepted the 30% pull out fee, and put their money in more secure places.
I asked them before why they didn't just keep putting money into a savings account instead of 401k, since a savings account won't go up and down, it'll just go up (slowly). They told me that some companys (like the one I work for) will match what you put into your 401k up to 5% of your pay.
I'm going to wait about a year, when the economy stablizes some, to start building into my 401k. I'm only 19 anyways lol. I got some time to kill.

