But, what do you do with the money?
Most retirement accounts have multiple options, including one to invest your money in a fixed rate fund.
I pulled all my retirement money out of "the market" late last January, and put it all into such a fund.
While too many people saw double digit losses last year, my return was up over five percent. Five percent ain't much, but it's safe.
If you're older and/or adverse to risk, this may be what you're looking for. If you're still young, you have many years to recover and might want to just wait it out.
posted on 01/13/2009 1:47:48 PM PST
To: oh8eleven; Sunshine Sister
Mine is in a guaranteed interest fund. I pulled out of the market before it tanked. I'm just worried that it will get confiscated by the Gov.
posted on 01/13/2009 2:29:51 PM PST
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