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I've just found out the company I work for has declared chapter 11 ... I'm concerned about the money I've invested in my 401K ... I want to roll it over in to something else but am a total novice about investing, in fact this is my first day at this web site.

Would it be best to get the money out quickly and just put it into a 6 month IRA cd until I learn more or should I jump right in and invest it all in something like a market index fund IRA?

Any advice would be greatly appreciated, thanks ...
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