you know, every time someone comes on a forum about their 401k/IRA, I tell them to cash out and the mafia their 10% and move on. And I always get poohpoohed and that is not the conventional wisdom.

Who seems to be a whole lot smarter today??????????? If you aren't going to make much income this year, cash the bitch out, pay the 10% penalty and get most of your money back. Or sit on it for a few more years (won't take much, ask Argentina) and lose it all