this post was submitted on 08 Mar 2025
602 points (99.0% liked)
Political Memes
1443 readers
163 users here now
Non political memes: !memes@sopuli.xyz
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
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.
Which one
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)