Should I rape my own 401K?

[Godisnowhere]

Transfer your 401k to a Precious Metals 401K

Do not take your 401K money. You can setup a precious metals 401K and then transfer your money to it. Then buy silver. That is exactly what I have done. The silver is kept in a vault so you own the actual silver.

I used Goldstar Trust for my precious metals IRA. I bought my silver from Colorado Gold as they have great prices for large purchase but shop around at APMEX and a few other places.

I bought a combination of American Eagle Silver coins and some bullion but that is your choice.

Silver is the best way to get as the mining cost is 13-14 per Oz, it is as rare as Gold and getting rarer, and is way under priced.

I get nothing from this I am just a Christian who did a lot of research and want to help people not get killed from the 100 trillion dollar USD liability we cannot pay without inflating the dollar tremendously (which is what has to happen.

 

[WaltM]

Do not take your 401K money. You can setup a precious metals 401K and then transfer your money to it. Then buy silver. That is exactly what I have done. The silver is kept in a vault so you own the actual silver.

I used Goldstar Trust for my precious metals IRA. I bought my silver from Colorado Gold as they have great prices for large purchase but shop around at APMEX and a few other places.

I bought a combination of American Eagle Silver coins and some bullion but that is your choice.

Silver is the best way to get as the mining cost is 13-14 per Oz, it is as rare as Gold and getting rarer, and is way under priced.

I get nothing from this I am just a Christian who did a lot of research and want to help people not get killed from the 100 trillion dollar USD liability we cannot pay without inflating the dollar tremendously (which is what has to happen.

God is "now here"

or "nowhere"?

 

[LibForestPaul]

More ill informed nonsense.

You can say that short term trading is rigged against the little guy, but buy and hold investment strategies have provided far more winners than losers. Broad market investments perform quite well in both generating an income from dividends and providing capital gains as businesses grow.

A 401k can be invested in whatever you want. You can have a 100% stock 401k, if you'd like. Oh, and a slight majority of funds offer a trading window which allow you to buy any stock/fund/etf that your heart desires. Leave out the conspiracy theories and you'll find that the taxing system for 401ks is entirely rational. 401ks allow tax free compounding of returns, and give the US government a stake in the performance of the financial markets.

As long as the average return of a US retirement fund is greater than the cost to borrow through treasuries, it makes sense for the US government to want taxes later, instead of up front.

How does a 401k support the system that we abhor? I'd love to hear your explanation for that one.

http://www.mymoneyblog.com/what-is-the-source-of-long-term-stock-market-returns.html

 

[Jordan]

http://www.mymoneyblog.com/what-is-the-source-of-long-term-stock-market-returns.html

Was that meant to support or contradict my post?