Someone at work who is up to his eyeballs in credit card debt (and works two jobs to keep up with the bills) told me that he'd been day-trading in his 401(k) back in March when the market was down, and wound up making five figures in profit.
All right, market timing is bad, but he got lucky this time, good for him.
But then he said that because the CARES act now lets you withdraw penalty-free from your 401(k), he was thinking of taking his earnings, and buying a new car.
*headdesk*
I told him that it was a terrible idea to tap the 401(k) because it was precious tax-advantaged space, but if he were to do that, he should really pay off his credit card debt first.
He looked like I'd just kicked his puppy.