Several people have asked me if they should liquidate their 401k. The short answer is no, wait things out. I will discuss this in more detail in a later post. Don’t forget there are taxes, and also penalties for pulling funds too early.
That said, if you are really business savvy you can invest the funds in real estate or even purchase a small business that has good financials and a proven track record. Both can be very risky, please do your research and don’t take anyone’s word for it, make sure a licensed CPA certifies the company’s financial statements before buying, and use an escrow account. Please consult with licensed experts such as a contract attorney before signing any paperwork!
REconomix 