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<p>[QUOTE="medoraman, post: 978639, member: 26302"]I would very strongly warn you against this. It will not only be "your" tax bracket, but much likely a higher one since it will be included as ordinary income. Selling at a low in the market looks attractive, but rarely is. I know its hard to stomach these prices, but I definitely would be a holder at current market levels. Its great you have already diversified 10% in PM, but what if PM are at a high right now and stocks at theri lows? You should NEVER chase past returns, though most small investors do. You are better to do what you have done, diversify, and ride out the highs and lows.</p><p><br /></p><p>P.S. Of course I don't know your situation, so I am simply answering generically. If you are very close to retirement and have to have the funds left in your 401k then you could consider diversifying away from equities. This should have been done before, though.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 978639, member: 26302"]I would very strongly warn you against this. It will not only be "your" tax bracket, but much likely a higher one since it will be included as ordinary income. Selling at a low in the market looks attractive, but rarely is. I know its hard to stomach these prices, but I definitely would be a holder at current market levels. Its great you have already diversified 10% in PM, but what if PM are at a high right now and stocks at theri lows? You should NEVER chase past returns, though most small investors do. You are better to do what you have done, diversify, and ride out the highs and lows. P.S. Of course I don't know your situation, so I am simply answering generically. If you are very close to retirement and have to have the funds left in your 401k then you could consider diversifying away from equities. This should have been done before, though.[/QUOTE]
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