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<p>[QUOTE="adric22, post: 1505146, member: 38146"]I'm currently 37 years old and I've been putting about $250 per month into my 401K. Unfortunately it seems to evaporate nearly as fast as I put it in there. I'm beginning to wonder if I should tell my HR department to stop allocating money to that for the time being, and instead take that $250 per month and invest in gold/silver. I hear the investors saying you should invest 20% in precious metals. Well, as it stands right now between my bullion collection and my 401K I have only 5% precious metals. So I'm sort of thinking if I stopped my contributions to my 401K for a year or so, I could get my PMs up to that 20% a lot faster.</p><p><br /></p><p>The disadvantage being that my company does match my 401K contributions, but the match varies anywhere from nothing to 100% depending on their profitability for the year. Well, they've done so much expansion this year I don't think there's going to be any profits, so this would probably be a good year to execute my idea if I were going to.</p><p><br /></p><p>Any advice on this?</p><p><br /></p><p>The other thing I invest in are antique guns (mostly world war II) and I could possibly buy more of that as well.[/QUOTE]</p><p><br /></p>
[QUOTE="adric22, post: 1505146, member: 38146"]I'm currently 37 years old and I've been putting about $250 per month into my 401K. Unfortunately it seems to evaporate nearly as fast as I put it in there. I'm beginning to wonder if I should tell my HR department to stop allocating money to that for the time being, and instead take that $250 per month and invest in gold/silver. I hear the investors saying you should invest 20% in precious metals. Well, as it stands right now between my bullion collection and my 401K I have only 5% precious metals. So I'm sort of thinking if I stopped my contributions to my 401K for a year or so, I could get my PMs up to that 20% a lot faster. The disadvantage being that my company does match my 401K contributions, but the match varies anywhere from nothing to 100% depending on their profitability for the year. Well, they've done so much expansion this year I don't think there's going to be any profits, so this would probably be a good year to execute my idea if I were going to. Any advice on this? The other thing I invest in are antique guns (mostly world war II) and I could possibly buy more of that as well.[/QUOTE]
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