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<p>[QUOTE=&quot;InfleXion, post: 1569941, member: 29012&quot;]When it comes to investing there&#039;s really only one thing you need to know - Exter&#039;s Pyramid. All wealth is built around tangible assets. They can rehypothecate derivatives of derivatives and loan the same garbage around a million times to puff up balance sheets, but this creates no real wealth. </p><p><br /></p><p>What it comes down to is are you an investor or are you a trader? If you are trading then all these questionable financial vehicles will do just fine for the time being. If you are investing, best be sure you are holding real wealth, and all real wealth comes from the land, whether metals, minerals, gemstones, timber, soil for crops, houses, etc. with rare art being the exception although that still comes from human creativity, and is ultimately only valuable as long as there is a collector&#039;s market for it. The commonality being that real wealth is always something that you can hold in your hands, not a piece of paper or an account telling you that you have wealth somewhere else. </p><p><br /></p><p>401K&#039;s are just the financial system&#039;s method of forcing you to let them use your money how they choose, which in part goes toward the goal of suppressing the prices of tangible assets so that their puffery looks more enticing in comparison.[/QUOTE]</p><p><br /></p>

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