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<p>[QUOTE=&quot;tommybee, post: 978633, member: 24999&quot;]I&#039;m sure a lot of you have seen your 401k vanish over the past couple of years.&nbsp; I&#039;ve lost about 40% of mine.&nbsp; Its value is down to 65k now.&nbsp; I&#039;ve been considering cashing out my 401k and buying PM&#039;s.&nbsp; I understand that I will not only be taxed my bracket on this money, but will also pay a 10% penalty for early withdrawal.&nbsp; I calculate that I&#039;ll have 39k in hand if I cash out.</p><p>&nbsp;</p><p>I have a really bad feeling about what we are about to experience economically here in the U.S.&nbsp; Like most people, I&#039;m confused, concerned, frustrated and trying to process a ton of (often contradictory) information relating to the stock market and PM&#039;s.</p><p>&nbsp;</p><p>I&#039;ve always been very big on diversification, but I&#039;m wavering as to the stock market.&nbsp; I aready have 10% of my savings in PM&#039;s.&nbsp; </p><p>&nbsp;</p><p>Very interested in what you guys/ladies think about cashing out.&nbsp; Thanks.</p><p>&nbsp;</p><p>Tom[/QUOTE]</p><p><br /></p>

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