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<p>[QUOTE="desertgem, post: 927734, member: 15199"]Slamster17, there are some important facts unsaid which would greatly affect my opinion. How old are you, how long before you need the money back, if the money was stolen the day you got it back from the bank, would it affect your life style severely, when do you wish to retire? do you have dependents who know little about coins they might inherit, are they protected financially if you died, etc.</p><p><br /></p><p>In general, inflation does not occur without indicators. You will see inflation coming like a tsunami, desperate problem, but if you are close to high ground, you can make a run for it.</p><p><br /></p><p>Bullion can drop like a rock. Compare it to a 8.4 earthquake under your house. No warning, life looks great, and then, great losses. Same for stocks, but % usually is slower than bullion.</p><p><br /></p><p>I have traded though a bullion cycle and crash, and then 10 or more years later, I bought back in when gold was under $300. Now almost 20 years later it is over $1200. But there are stocks that I could have bought cheaper and they would be worth more today % wise.</p><p><br /></p><p>One should have a portion of savings in cash or negotiable instruments for emergency short term funds. A portion in Bullion or high grade certified coins, a portion in stocks ( heavy on dividend stable), a portion in real estate, and a portion in insurance. The ROTH IRA is a wonderful instrument. Check out what you can have in your Roth. I contributed the maximum I could to my ROTH after it came about, Wish I could have done it always. You can use the money in your ROTH to buy gold and silver bullion, as well as stock, etc. You put in taxed money and when you are 58 1/2 you can take out whatever and the compounded gains, tax free. Any age can have a ROTH IRA, just that the money has to be earned through salaries, bonuses, etc, not through pensions, investment income, etc.</p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 927734, member: 15199"]Slamster17, there are some important facts unsaid which would greatly affect my opinion. How old are you, how long before you need the money back, if the money was stolen the day you got it back from the bank, would it affect your life style severely, when do you wish to retire? do you have dependents who know little about coins they might inherit, are they protected financially if you died, etc. In general, inflation does not occur without indicators. You will see inflation coming like a tsunami, desperate problem, but if you are close to high ground, you can make a run for it. Bullion can drop like a rock. Compare it to a 8.4 earthquake under your house. No warning, life looks great, and then, great losses. Same for stocks, but % usually is slower than bullion. I have traded though a bullion cycle and crash, and then 10 or more years later, I bought back in when gold was under $300. Now almost 20 years later it is over $1200. But there are stocks that I could have bought cheaper and they would be worth more today % wise. One should have a portion of savings in cash or negotiable instruments for emergency short term funds. A portion in Bullion or high grade certified coins, a portion in stocks ( heavy on dividend stable), a portion in real estate, and a portion in insurance. The ROTH IRA is a wonderful instrument. Check out what you can have in your Roth. I contributed the maximum I could to my ROTH after it came about, Wish I could have done it always. You can use the money in your ROTH to buy gold and silver bullion, as well as stock, etc. You put in taxed money and when you are 58 1/2 you can take out whatever and the compounded gains, tax free. Any age can have a ROTH IRA, just that the money has to be earned through salaries, bonuses, etc, not through pensions, investment income, etc. Jim[/QUOTE]
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