Reply #70: Ayuh.....Read those articles over the last couple weeks

[Po_d Mainiac]

No disagreement that if the motive is to force the money into Treasuries, we will be in need of barrels of KY and trowels. Most people are clueless that the SS trust fund has already been used as a suppository

But (spelled with just one T)..IF there was an option to take 401(k)/403(b) accounts and move them into a local bank/credit union IRA's (sans the penalty), I'd take it in a heartbeat. Yeah 2-3% interest sucks, MM rates suck more (save for the added boost from employer matching where it exists) but I have more faith in my local CU than Fidelity, Vanguard, etc. and the mutual funds they manage.

As for throwing good money after bad? If your retirement savings are invested in the equity markets right now, I'd seriously question how good that money will be after the next dip. At least in T's the only thing needed to back them up is a printing press :sarcasm:

YMMV