I've been putting money in my 401 since 94 and I had a nice little nest egg. After today, my nest egg has all bit disappeared. I've been contemplating taking all the money out, suffer the loss and put what's left into a CD.
All I can think of is, if the big 3 tank, that will be the end of my 401.
Has anyone had any similar ideas or better yet, what kind of strategy are you using to circumvent what I feel is inevitable?
