Reply #34: A bucket that has a significant leak in it... It's called inflation

[Grinchie]

Right now, liquidity is the rule of the day, and having cash in hand is most important, not some notional amount held in a coumputer somewhere being de-valued daily.

I cashed out my 401K years ago, got dinged the 20%, and promptly used the capital to build a better life, retire before 50, and get back the most important thing we posess -- Time! Time to think, thime to sleep on purchases, time to do Due Diligence thoroughly and effectively, and most of all, pay attention to the millions of canaries that warn us daily of the impending failure of the Ponzi scheme.

By the way, I thought there were called 201K's now, simply because they lost 50% of their value when the Market crashed a few years ago.

Ask yourself why bread costs $4.50 a loaf, when it doesn't even use yeast anymore, and they have formulated it so they don't need leavening ovens anymore? It's all done in a big vat, using designer chemicals to lock bubbles in place instead of using natural yeasts to create CO2 which basically pre-metabolised our breads for us in the past, when bread was healthy.

I think the Dough Conditioners and turning most Americans brains into a doughy mass of non thinking fat.

When inflation really hits with a vengeance, you'll look at your 401K like a ball and chain you can't escape from.

I handle my 401k, have complete unfettered access to it at all times and am able to invest it as I see fit, and believe me, there are some amazing bargains right now, as all the people with so called 401K lose their homes to crushing mortgages. No Liquidity whatsoever, and drowing with a leaky life preserver.