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hypothetical question about what you do AFTER silver spikes or you sell...
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<p>[QUOTE="Fifty, post: 995818, member: 24555"]I have been working on an "old school" investment lately. I am trying to pay up my life insurance policy as much as possible, so if I had an extra $2100 I would put it there. The yeild right now is about 4%, while not great it's better than bank interest and insured by my state's insurance fund. I can get my principal back at any time and the earnings are tax free (as long as I don't take them out in cash during my lifetime). </p><p> </p><p>If stocks keep going up I'll probably sell out and maybe start working on a new policy. I am done with stocks forever, after the meltdown, flashcrash, bailouts, ect I'm not putting my money up. Companies are always needing fresh capital because they aren't responsible with the capital they have. I"m sticking with mutual funds because atleast they have sophisticated computers. I'd buy bonds but not right now because I think the bond market is overbought.[/QUOTE]</p><p><br /></p>
[QUOTE="Fifty, post: 995818, member: 24555"]I have been working on an "old school" investment lately. I am trying to pay up my life insurance policy as much as possible, so if I had an extra $2100 I would put it there. The yeild right now is about 4%, while not great it's better than bank interest and insured by my state's insurance fund. I can get my principal back at any time and the earnings are tax free (as long as I don't take them out in cash during my lifetime). If stocks keep going up I'll probably sell out and maybe start working on a new policy. I am done with stocks forever, after the meltdown, flashcrash, bailouts, ect I'm not putting my money up. Companies are always needing fresh capital because they aren't responsible with the capital they have. I"m sticking with mutual funds because atleast they have sophisticated computers. I'd buy bonds but not right now because I think the bond market is overbought.[/QUOTE]
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