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Message:: [QUOTE="Shoewrecky, post: 927684, member: 22350"]At least money in the bank can gain interest and it can only go up. What about a Roth IRA? You are money is already taxed that you put into it so when it's time to retire you can with drawl w/o having to pay taxes. I wouldnt put all your money into coins, I would do half of what you plan on doing, from there deversify your portifio having a mutual funds other stocks. Some stocks to focus on: consumer staples, discretionary, and healthcare. "These are DEFENSIVE stocks that will survive through good and bad times. Most of my positions are in these stocks. Some names include 3M, Procter & Gamble, Kimberly Clark, Exxon Mobil, Walmart, Costco. Everybody's got to eat and wipe their butts regardless of the state of economy. Many of these companies survived through the Great Depression. That's the benefits. You can sleep at night knowing your money is doing well. There are NO guarantees that you won't lose money. It's just that these stocks are the best. They pay good dividends too. "(taken from Yahoo answers) I like the point out the writer of that paragraph made a great statement. I may not agree with it all but in a broad since the author makes a valid point. I will leave you with this, the other day I was told by an old man only 2 things in life are a given, Taxes and death...[/QUOTE]