HOW DO I TAKE MONEY FROM MY 401 TO INVEST IN GE STOCK DUMMY IN WV?

The penalty you will have to pay to draw money from your 401k would almost certainly not be worth it, especially since you want to invest in a company that is discussing bankruptcy. I, personally, have GE stocks and dont intend to sell unless I see them start to nosedive…..bankruptcy doesnt always mean stocks will plummet. But, again, I'm just not sure it's going to make you enough money to recuperate the loss of withdrawing your money out of your 401k too early. If you have a pension, maybe consider taking that money. You'll still pay an early withdrawal fee but at least if your stocks dont pan out, you'll still have your retirement money intact. and shop around….there are better stocks than GE.

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HOW DO I TAKE MONEY FROM MY 401 TO INVEST IN GE STOCK DUMMY IN WV?


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