Jump to content


- - - - -

ALL IS WELL


This topic has been archived. This means that you cannot reply to this topic.
261 replies to this topic

#16 Bird D Durr

Bird D Durr

    Master of Stock Proctology

  • Members
  • PipPipPip
  • 1,413 posts

Posted 21 July 2003 - 09:33 AM

If I had a 401K with such limited options I would cash it out, pay the tax, and pay off debt or buy gold and silver bullion.

Amen...............My kinda guy...............

#17 Guest_Icky Twerp_*

Guest_Icky Twerp_*
  • Guests

Posted 21 July 2003 - 09:35 AM

My HR REp was told by Fido that the only way to extract 401k holdings was to terminate from the company... was that not correct? Because I would have done just that very thing a year ago.

#18 purdymouth

purdymouth

    Assistant Professor of Stock Proctology

  • Members
  • PipPipPipPipPip
  • 3,068 posts

Posted 21 July 2003 - 09:38 AM

go gold

Attached Images

  • goldmember.jpg


#19 Yoshaviah

Yoshaviah

    Assistant Professor of Stock Proctology

  • Members
  • PipPipPipPipPip
  • 3,309 posts

Posted 21 July 2003 - 09:39 AM

There are provisions for early withdrawl under "hardship" cases. If I had a lot of money in a 401K and the only way to get it out was to leave the company I would start looking for another job.

#20

  • Guests
  • 0 posts

Posted 21 July 2003 - 09:39 AM

Sold ARBA at open, small loss. The rumor my source told me turned out to be BOBJ buying Crystal Decisions, so ARBA not likely to announce any M&A news tomorrow...oh well

#21 Guest_The CoinGuy_*

Guest_The CoinGuy_*
  • Guests

Posted 21 July 2003 - 09:39 AM

If I had a 401K with such limited options I would cash it out, pay the tax, and pay off debt or buy gold and silver bullion.

ditto...

After looking at the options offered by one of my sister's plans, I couldn't believe how bad the options were. Even the safe fund looked like some kind of Money Market with foreign bank holdings...We opened her a Roth instead, she already holds physical metals as a base.

TCG

#22 mksloth

mksloth

    Bachelor of Stock Proctology

  • Members
  • PipPip
  • 794 posts

Posted 21 July 2003 - 09:39 AM

tanks Icky and Yosh.

#23

  • Guests
  • 0 posts

Posted 21 July 2003 - 09:40 AM

Ibm down a buck in the first 10 min. Interesting. :huh: :o :lol:

#24 Yoshaviah

Yoshaviah

    Assistant Professor of Stock Proctology

  • Members
  • PipPipPipPipPip
  • 3,309 posts

Posted 21 July 2003 - 09:43 AM

TNX 40.16 +0.47 +1.18%

I just refied the house at 5% via a VA streamline 2 weeks ago. Now rates are moving back up. Maybe I got my timing right for a change :blink:

#25 Guest_Icky Twerp_*

Guest_Icky Twerp_*
  • Guests

Posted 21 July 2003 - 09:44 AM

My respect for Yosh is considerable, but I don't think I will follow his advice to change jobs solely to redeem my 401K...I expect to be "put out" in 7 - 11 months, anyway, so to speak.

#26 wndysrf

wndysrf

    Dean of Stock Proctology

  • Banned
  • PipPipPipPipPipPipPipPipPip
  • 34,219 posts

Posted 21 July 2003 - 09:47 AM

Oil service and defense stocks doing well today.

Buy the next pullback.
PigMen Proprietary Trading Desk

The Weimar Run: Bullphoria!!!!

#27 Yoshaviah

Yoshaviah

    Assistant Professor of Stock Proctology

  • Members
  • PipPipPipPipPip
  • 3,309 posts

Posted 21 July 2003 - 09:52 AM

Of course it depends on what kind of a job you have and how much money you have in your 401K. (Child support payments are a factor too.) Take a fellow who is a machinist by trade, it won't matter too much to hiim if he works in one shop or another so long as the pay and bennies are the same. Everyone's circumstances are different.

#28 Guest_libertas_*

Guest_libertas_*
  • Guests

Posted 21 July 2003 - 09:52 AM

Oil service and defense stocks doing well today.

Buy the next pullback.

Be real careful. Interest rates kill markets. This one is in the process of being shot. Blindfold is on, rifles are being loaded.

#29 mjkst27

mjkst27

    Professor of Stock Proctology

  • Banned
  • PipPipPipPipPipPipPip
  • 5,012 posts

Posted 21 July 2003 - 09:54 AM

A Fibonacci 34 years ago, today:

First moon walk

makes me wanna hear some Walkin' on the Moon by The Police

#30 purdymouth

purdymouth

    Assistant Professor of Stock Proctology

  • Members
  • PipPipPipPipPip
  • 3,068 posts

Posted 21 July 2003 - 09:57 AM

gold 350+





Stock market portfolio giving you the runs? See Dr. Stool.

Take a subscribatory!
Download 
The Anals of Stock Proctology now!



The Daily Stool - Stock Market Message Board
Stool's Gold- Gold and Precious Metals Forum
Look Out Below Message Board

Support your local Stool Board.


The Al E. Greenspeuman designer line at Stoolmart. Get yours today! Click here now!
Get Mugged!


Dr. Stool's
Book Search

Enter title, author, or keyword
Just books
All Products





Old Stool Depository

Live Steaming Pile Chart