Rolling Over 401k's to Gold

Hubhuber · Aug 16, 2015

Brett_in_Sacto said: ↑

"Dear Friend" is what politicians say before explaining how they have your best intentions at heart as they fleece you of your wealth.

Caveat Emptor
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I'm not a politician buddy lol

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Paul M. · Aug 16, 2015

Would someone mind moving this to the Bullion Investing forum? It has nothing to do with US coins.

girldly · Aug 18, 2015

Brett_in_Sacto said: ↑

At your age, now is a good time to be looking at retirement. If you can put just a bit away, you have a long time to compound interest and value appreciation.

You also have a lot of time to recover if you make mistakes - and if you make them small, you'll do well.

Having a bit of precious metal in your portfolio would give you a horizon of about 60 years before you really hit the point of needing to sell.

You are also smart enough to know that you do have a retirement age and you should be able to reach it with your investments. Maybe you start by buying an ounce of silver a month and putting the same into an IRA in a target fund - or even better - an active fund and start to study the "target date" funds moves.

Good luck to you either way, good to see some in your generation has an eye on more than Justin Bieber.

I turn 45 this year. If I had done the "ounce a month," from age 20 to 35 I'd have been able to leverage silver's last run to $40. I would have bought roughly 180 ounces at ~$8 an ounce average up until 2005. That $1440 investment would have turned into $7200.

Back on the original subject, there have been several "bullion storage" companies that have gone out of business and left the investor hanging. I'll store my own metal - and to heck with the government tax dodge. They weren't there to help these people protect theirs.

Add on top of this the "fees" to manage something like this and it just seems like a bad idea for most. But it is another investment tool that people are selling. To each their own.
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I agree with you on this one! Thanks for the info. girldly

SD51555 · Aug 18, 2015

Hubhuber said: ↑

With the many uprising prophecies that the US economy is going to collapse,paper based assets like ETF's and Bonds have become a risky way to hedge for a safe future,many hard working people are now turning to gold to safeguard their hard earned wealth against inflation,and they are doins so by rolling over their 401k's and other IRA accounts into gold and precious metals.
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Better yet, nevermind.

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Rolling Over 401k's to Gold

What do you think of rolling over your 401k 's to Gold ?

turn 15% to gold

turn 90% to gold

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Rolling Over 401k's to Gold

What do you think of rolling over your 401k 's to Gold ?

turn 15% to gold

turn 90% to gold

Hubhuber New Member

Guest User Guest

Paul M. Well-Known Member

girldly Girldly

SD51555 Active Member

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