S
Grab that 401k money, especially if you dont need it and buy gold or silver or a little of both. Take the tax hit, thats nothing compared to the inflation hit we are all about to get. When Bernake said yesterday that the Fed is going to buy treasuries, well, thats the real beginning of the end for the dollar. Basically the fed is buying because noone else will. Im expecting 20% inflation by years end.
I'm not sure if this is the correct forum to put this post in, and if it isn't please, any MOd. move it.
The US Economy caught up with me today and I was permanentely laid off from my job today. I've been with this company for almost 5 years. BUT....Don't worry, my company stepped up to the plate with a nice severance check, along with the option to close out my stock & 401K if I choose. PLUS...I'm doing OK for the moment with my own $$, BUT.......
What a blow! I've worked since I was 11 yrs. old. My first job was pulling weeds in a Flower Nursery. We had to watch out for snakes! LOL....
Anyways...Don't want to bring your day down, but the reality is everyone of us that has a job, or had one, is suseptible to this. I hope it doesn't happen to you!
Snook
Ain't that the truth my brother :yesThey can't keep a good Irishman down!
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