Message:

<p>[QUOTE=&quot;medoraman, post: 1309029, member: 26302&quot;]Fair enough sir, but it would be the investment you chose that bankrupted you. Anyone putting every nickel into just one stock, or one risky country&#039;s bonds, or an idiot like Madoff could be ruined. I do not disagree. My only point was you do not today need to bear the physical security risk as in years past. This risk can be to your life savings as well as your life possibly.</p><p><br /></p><p>I still contend &quot;paper assets&quot; in a well rounded, diversified portfolio is physically much safer than any physical assets, and for most people is the best investment options for most people that this planet has ever had. The main point of argument to me would be whether farmland and real estate consitutes &quot;paper assets&quot; or tangibale assets. If its tangible assets I would make that exception, since exposure to this market is also healthy. That is where I am, I have stocks, bonds, real estate, and some PM holdings. The only part I am worried about physical protection is the PM. If I had all of my holdings in PM I would be like that dog in the commercial, unable to sleep worrying about the safety of his bone. Sleeping at night not worrying about bank thieves or home robbers is worth a lot too. Market risk I am educated enough to handle. That last sentence is not a slam against people who do not like stocks, its simply a fact that the higher level of financial education is proven to give people higher risk tolerances.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in