Anyone else move their 401 to cash at the beginning of COVID? Thinking of putting it back in the market and curious if anyone else is thinking the same.

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IMO there’s gonna be another dip cuz of the second wave and subsequent lockdown

Maybe not as drastic as March cuz of election year. But the outlook is not ideal

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I went to bonds in early Feb before Fed cut rates. Went to S&P index in late March. Then cashed out entire 401k balance via loans as we didn’t have a cash option available yet. Now 401k is in cash and I’m investing the loaned cashed of my 401k

For equities, absolutely. I prefer longer term puts at this point (3-6 months out)

I cashed my IRA, putting 10-20% into covid stocks so I don’t miss out too much on these gains. Never thought it would shoot back so fast. I see another dip coming as well. With election year too, being more cautious than usual.

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