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Has anyone ever used 401k money to purchase PMs?
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<p>[QUOTE="alucard86, post: 2345625, member: 71849"]Since late August of 2015 I moved my 401k funds into the Capital Preservation Fund that is offered through my plan. Doesn't lose $. But will gain $ at the end of the month when the interest rate on it pays out on the 30th/31st. I get about an extra $15 per month from it. </p><p><br /></p><p>Since the start of this year I'm 60% CPF, 15% SP 500, 15% Small Cap Index, and 10% Bond Index. I do have PMs on the side through my own savings when I got into that market back in mid/late 2013. But I don't buy gold bc I 1. can't really afford 1 oz at times 2. for what I can purchase I go with silver. But looking at my 401k $ I can take a swing at gold and pick up about 4 solid ounces plus the 1.33 oz I already have. At the end of the year I was 0.5% return on 401k. This year so far even with my ultra conservative method I'm still -10.1%. And if a 08-11 crash happens I don't want to bank on my 401k funds to save me until the markets go back up like in 2012.[/QUOTE]</p><p><br /></p>
[QUOTE="alucard86, post: 2345625, member: 71849"]Since late August of 2015 I moved my 401k funds into the Capital Preservation Fund that is offered through my plan. Doesn't lose $. But will gain $ at the end of the month when the interest rate on it pays out on the 30th/31st. I get about an extra $15 per month from it. Since the start of this year I'm 60% CPF, 15% SP 500, 15% Small Cap Index, and 10% Bond Index. I do have PMs on the side through my own savings when I got into that market back in mid/late 2013. But I don't buy gold bc I 1. can't really afford 1 oz at times 2. for what I can purchase I go with silver. But looking at my 401k $ I can take a swing at gold and pick up about 4 solid ounces plus the 1.33 oz I already have. At the end of the year I was 0.5% return on 401k. This year so far even with my ultra conservative method I'm still -10.1%. And if a 08-11 crash happens I don't want to bank on my 401k funds to save me until the markets go back up like in 2012.[/QUOTE]
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