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I'm thinking about cashing out my IRA...

 
Hitokiri
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User ID: 5206905
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10/01/2015 01:27 PM
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I'm thinking about cashing out my IRA...
What do you think, should I do it? I don't want to lose it.
Reading all these articles I'm getting worried about what is coming.
"We learn from history that we learn nothing from history." - George Bernard Shaw
Anonymous Coward
User ID: 61629722
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10/01/2015 01:34 PM
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Re: I'm thinking about cashing out my IRA...
don't do it..just move from stock funds to money market until after the crash. You will be hit with a 15% penalty plus it will be taxable income this year.
Anonymous Coward
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10/01/2015 01:35 PM
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Re: I'm thinking about cashing out my IRA...
don't do it..just move from stock funds to money market until after the crash. You will be hit with a 15% penalty plus it will be taxable income this year.
 Quoting: Anonymous Coward 61629722


if you cash out that is.
Hitokiri  (OP)

User ID: 5206905
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10/01/2015 01:40 PM
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Re: I'm thinking about cashing out my IRA...
don't do it..just move from stock funds to money market until after the crash. You will be hit with a 15% penalty plus it will be taxable income this year.
 Quoting: Anonymous Coward 61629722


I'm not too "with it" when it comes to the markets or investing. I was thinking about cashing out to prepare for the crash. Maybe buy more supplies and to install solar power in my house. I would rather waste it than let the man get their grubby hands on it.
"We learn from history that we learn nothing from history." - George Bernard Shaw





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