At work the other day one of my employees talked about pulling her money out of her 401k and putting it into a money market account. I couldn't believe my ears.

I tried to patiently teach her about "real" losses versus "virtual" losses. I think she got that. But dollar cost averaging went completely over her head. Blame the teacher!

Since I (and my employees) get an immediate return of 100% on my 401k, why should we freak about a 35% "loss"?

Big ups to Sam and others who rightly confirm that good preps prevent panic now.