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<p>[QUOTE=&quot;fools_gold, post: 985203, member: 20669&quot;]There really is no right or wrong, just educated guesses and calculated risks based on those guesses.</p><p><br /></p><p>How about all the 401K people who lost over 100K&#039;s because they did the right thing by starting out early and lost practically everything during the crash?</p><p><br /></p><p>Where are all the financial advisors 20 years ago who showed them that wonderful compound interest bar chart of what they would receive when they retire?</p><p>How about the wonderful wording about how it&#039;s not a guarantee, but hey, &quot;what&#039;s really going to happen right? a market crash? nahhh....wink wink&quot;... They don&#039;t know either, and they do everything they can to sell you on how safe your money is without actually guaranteeing your money like banks/FDIC.</p><p><br /></p><p>How about when you have an emergency and need to tap into your IRA/401K but have to prove your &quot;emergency&quot; worthiness in order to access your own money? </p><p><br /></p><p>How many folks would have rather avoided 401K 20 years ago and just put their cash into a low interest rate savings account protected by the FDIC? I&#039;d think they would have a decent amount of money right now. But instead they have nada....</p><p><br /></p><p>Putting USD&#039;s devaluation aside, it is something tangible, you can feel it. You can go to your local bank, and pull out cash, no questions asked, no penalties...as a simple man, that&#039;s what I like. When you play with the stock market, it&#039;s all virtual....so to me, PM&#039;s and cash are really the closest thing to being tangible. I&#039;m not smart enough nor do I trust any no name manager to run funds with my money.....[/QUOTE]</p><p><br /></p>

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