Well I can't bail out due to IRS will take 37% right off the top of everything I've saved 45 years of working. Not counting my Roth IRA's, If I were to cash out just my Traditional IRA. I have already lost 38% on this market drop, can not compound that with another 37% tax penalty.
Todays loss was the biggest drop since 1987. I lost over $45K on my funds just today....
Last edited by Dave_J; 03/16/2006:42 PM.
Retired, US ARMY 1973-1994 ASE mechanic, Electrical 1994-1997 Retired GTE/VERIZON/FRONTIER 1997-2015
Posting cheap tech help (CRAP) here since Nov 97, 1000's of posts, some may be good.
03 Suzuki Burgman 650(Burger King) Scooter 65 Formula S Cuda 78 Little Red Express Truck 98 Buick Regal (wifes car)