Druckenmiller, Pellegrini, and one good reason to max a 401(k) loan.Every man has his sword on his thigh because of fear in the night.
—Song of Solomon
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Given this week's possibly foreboding signal from the hedge fund world, might the average Jane and Joe be wise to beat any chaotic rush for capital should collapse of the global financial system be imminent?
Honestly, you would not be unwise to borrow from your 401(k) as much as you possibly can right now. This could be a moment when you are much better safe than sorry.
—Tom Chechatka
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