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need some financial advise asap...PLEASE!!!

 
LittleMissSunshine

User ID: 5032630
United States
06/20/2012 10:14 PM

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need some financial advise asap...PLEASE!!!
My husband has went to another job and he is wanting to take our 401 k and put it into a roth I r a can somebody please give me advice and let me know if this is something he he should do or should he go ahead and pull his 401 k and take the money out now since it is only as good as the paper it's printed on and the economy is so incredibly shaky and hearing on the brink right now can somebody please give me advice I can show this stubborn but hole
Anonymous Coward
User ID: 18303146
Australia
06/20/2012 10:16 PM
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Re: need some financial advise asap...PLEASE!!!
putin

ffs
closing eyes

User ID: 1441131
United States
06/20/2012 10:17 PM
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Re: need some financial advise asap...PLEASE!!!
Sorry no clue but heres a bump
If you woke up breathing, you have another chance!
marlborolightsplease

User ID: 1276307
United States
06/20/2012 10:22 PM
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Re: need some financial advise asap...PLEASE!!!
I have some great advice here . Dont ask for finace advice here!!
Anonymous Coward
User ID: 18308312
United States
06/20/2012 10:39 PM
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Re: need some financial advise asap...PLEASE!!!
WHITE COLLAR CRIMES... [link to www.thedailysheeple.com]
Anonymous Coward
User ID: 18308312
United States
06/20/2012 10:39 PM
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Re: need some financial advise asap...PLEASE!!!
[link to etfdailynews.com] poof
Anonymous Coward
User ID: 7193106
United States
06/20/2012 10:42 PM
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Re: need some financial advise asap...PLEASE!!!
If you pull it out to cash, you'll pay a fortune in taxes.
Anonymous Coward
User ID: 18308312
United States
06/20/2012 11:10 PM
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Re: need some financial advise asap...PLEASE!!!
ASK THE SARGENT.... [link to sgtreport.com]
Jack Frost
User ID: 4884715
United States
06/20/2012 11:14 PM
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Re: need some financial advise asap...PLEASE!!!
You asked the wrong crowd about finances

most the people on this site have none
Anonymous Coward
User ID: 5073312
United States
06/20/2012 11:15 PM
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Re: need some financial advise asap...PLEASE!!!
It's called a rollover. 401k -> IRA or Roth IRA. Make sure you deposit the money in less than 60 days or they charge you taxes. You can do it at most brokers like Schwab or TD Ameritrade.
Anonymous Coward
User ID: 5769488
United States
06/20/2012 11:17 PM
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Re: need some financial advise asap...PLEASE!!!
It's called a rollover. 401k -> IRA or Roth IRA. Make sure you deposit the money in less than 60 days or they charge you taxes. You can do it at most brokers like Schwab or TD Ameritrade.
 Quoting: Anonymous Coward 5073312


GOOD ADVISE...

Remember..can goods..or mre's..ammo..weapons..camping gear..propane..colman fuel..R.O. filters.
Anonymous Coward
User ID: 1370380
Australia
06/20/2012 11:20 PM
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Re: need some financial advise asap...PLEASE!!!
sell all securities at market, close all cash positions

go long in beef jerky

stockpile the shit

imagine storage wars with beef jerky bootes in 25 years
Anonymous Coward
User ID: 3648215
United States
06/20/2012 11:33 PM
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Re: need some financial advise asap...PLEASE!!!
Send it to me. I promise a 25% profit in 3 month's. This is not a joke. I have done this for several people, and I'm insured for any lose.
Anonymous Coward
User ID: 14627334
06/21/2012 06:49 AM
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Re: need some financial advise asap...PLEASE!!!
Depending on the ammount?

The Economy is a total Fraud (a pyramid scam), Government is a total fraud, the stock market is a total fraud, and financial industries are a total fraud.

Leave it in there and you will see the money eaten by inflation, "Maintenance Fees", and taxes.

Look at the performance for the last 4 or 5 years and look at what gain you have had, how many times you paid fees (how much), and estimated inflation or cost of living. (You will have to estimate because Government numbers are complete and total fraud)

Deduct the fees and inflation from the gain and you will likely have a negative number?

Take the money out in cash, or take half out and put a principal payment on your home, buy Gold, Silver or some other non-perishable hard asset, but keep it simple.

Find a Home-Town Credit Union, put the other half (or none) in a IRA savings account.

Depending on the total ammount? Take the tax hit NOW, put the money where it is absoloutly safe from Banksters, Insurance Cartels, and Government.

A person will need Food, Water, Shelter as minimum, everything else is an extra.

Finally...Don't follow this advice...
But don't say someone didn't warn you?
Anonymous Coward
User ID: 1211208
United States
06/21/2012 06:51 AM
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Re: need some financial advise asap...PLEASE!!!
Take the money and run to the closet person selling silver... hiding

Ponsi scheme = 401K
Anonymous Coward
User ID: 18334839
United States
06/21/2012 07:45 AM
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Re: need some financial advise asap...PLEASE!!!
My husband has went to another job and he is wanting to take our 401 k and put it into a roth I r a can somebody please give me advice and let me know if this is something he he should do or should he go ahead and pull his 401 k and take the money out now since it is only as good as the paper it's printed on and the economy is so incredibly shaky and hearing on the brink right now can somebody please give me advice I can show this stubborn but hole
 Quoting: LittleMissSunshine


Well don't buy gold or silver with it.

After all, that 401K is decreasing in value, so you want to keep your money in it.

Everything will be OK.

Remember, NO GOLD OR SILVER

BUY TREASURIES



(LOL)
Anonymous Coward
User ID: 1211208
United States
06/21/2012 07:49 AM
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Re: need some financial advise asap...PLEASE!!!
My husband has went to another job and he is wanting to take our 401 k and put it into a roth I r a can somebody please give me advice and let me know if this is something he he should do or should he go ahead and pull his 401 k and take the money out now since it is only as good as the paper it's printed on and the economy is so incredibly shaky and hearing on the brink right now can somebody please give me advice I can show this stubborn but hole
 Quoting: LittleMissSunshine


Well don't buy gold or silver with it.

After all, that 401K is decreasing in value, so you want to keep your money in it.

Everything will be OK.

Remember, NO GOLD OR SILVER

BUY TREASURIES



(LOL)
 Quoting: Anonymous Coward 18334839


What planet do you live on??

Haven't seen any news in the last 3 years? wtf

iamwith

You will be broke before it's over..
Anonymous Coward
User ID: 18195741
United States
06/21/2012 08:20 AM
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Re: need some financial advise asap...PLEASE!!!
My husband has went to another job and he is wanting to take our 401 k and put it into a roth I r a can somebody please give me advice and let me know if this is something he he should do or should he go ahead and pull his 401 k and take the money out now since it is only as good as the paper it's printed on and the economy is so incredibly shaky and hearing on the brink right now can somebody please give me advice I can show this stubborn but hole
 Quoting: LittleMissSunshine


personally, I would look at either an indexed annuity roll over or an iul rollover. These are safer places to have your money right now....the return on either of these two options is better than say cd's or any 401k.
Anonymous Coward
User ID: 1089603
New Zealand
06/21/2012 09:01 AM
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Re: need some financial advise asap...PLEASE!!!
go buy a small rural cabin somewhere in your name, go holiday and prep up.
Make it fun. It is :)
Merci

User ID: 1499647
United States
06/25/2012 04:54 PM
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Re: need some financial advise asap...PLEASE!!!
My husband has went to another job and he is wanting to take our 401 k and put it into a roth I r a can somebody please give me advice and let me know if this is something he he should do or should he go ahead and pull his 401 k and take the money out now since it is only as good as the paper it's printed on and the economy is so incredibly shaky and hearing on the brink right now can somebody please give me advice I can show this stubborn but hole
 Quoting: LittleMissSunshine


Invest in something that has intrinsic value.

That is what the elite are doing with the money they are making off of losing portfolios, playing their stock market game of the 20th century.


Monopoly LOL. Get it?
Tempus Edax Rerum - Time devours all things

Tempus est optimus iudex - Time will tell

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