With the current economy, I'm considering cashing out my 401(k) despite the penalties - is this a bad idea?
Briefly

"Market corrections are a part of investing, which is why a long investment horizon is necessary. Bear markets are relatively short-term events that while painful, will be erased by the bull market that follows."
"If you're going to invest in the stock market, you need a long-term investment horizon. You should only invest money you don't need for paying the bills or for emergencies."
Read at 24/7 Wall St.
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