this post was submitted on 08 Mar 2025
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Wtf? Should I empty my 401k
No, you shouldn't empty your 401k; that's a huge taxable event.
What you might consider, though, is reallocating the funds within it. For example, I exchanged a big chunk of my US stock market index fund for an international stock index fund a day or so ago.
In my case, VTSAX -> VTIAX. But obviously it varies depending on what funds are available to you, your particular investment goals, etc. Also, trying to time the market is often regarded as a fool's errand; the only reason I even considered it is the extraordinary circumstance regarding systemic and sovereign risk going on in the US right now.
Yes, you capitalist pig. Invest in GUNS for DA REVOLUTION (this is not financial advice)
This is not financial advice, but trying to time the market is usually not a good idea.
Despite the absolute shitshow that's going on right now, I don't expect capitalism to implode. Yet.
Sadly.