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If you haven’t already reallocated your 401K into a safe space, you better get on it
Posted on 1/27/21 at 6:59 pm
Posted on 1/27/21 at 6:59 pm
Seriously
Posted on 1/27/21 at 7:01 pm to Eli Goldfinger
I transferred out of FXAIX two days ago into FSIXX. Looking like a good decision at this point, but willing to accept it if it doesn't work out.
Posted on 1/27/21 at 7:02 pm to Eli Goldfinger
What do you recomend? Sitting dormant isn't safe either
Posted on 1/27/21 at 7:07 pm to Eli Goldfinger
I put my balance in safe new york anchor. Growth only like 2.5 percent. Called back today to start my contributions here on out the way it was before with my balance in the safe one. Hope i did right ?
Posted on 1/27/21 at 7:08 pm to Eli Goldfinger
I cashed out and took the loss and the penalty, far better than losing all my shite
Posted on 1/27/21 at 7:08 pm to Eli Goldfinger
What do you reccomend Eli ?
Posted on 1/27/21 at 7:09 pm to Eli Goldfinger
What do you suggest quantum leap guy
Posted on 1/27/21 at 7:11 pm to Eli Goldfinger
I moved mine to fixed income.
Why? Are they planning to take our money already?
Why? Are they planning to take our money already?
Posted on 1/27/21 at 7:15 pm to Eli Goldfinger
Gold.
Bullion coins and gold bars.
Best safety measure for your $ in times of political unrest.
Then keep it here: Texas Bullion Depository
Bullion coins and gold bars.
Best safety measure for your $ in times of political unrest.
Then keep it here: Texas Bullion Depository
Posted on 1/27/21 at 7:32 pm to Eli Goldfinger
Took both my 401K’s out before election. Took that money and put it in my walls.
Posted on 1/27/21 at 7:56 pm to Eli Goldfinger
I ‘m purchasing small middle eastern counties and principalities.
Posted on 1/27/21 at 8:08 pm to Eli Goldfinger
"safe space"? The only safe space is 50% in the back pocket of "the big guy". Ask Hunter.
Posted on 1/27/21 at 8:11 pm to Eli Goldfinger
Borrow everything you can now and buy tangible assets. Interest rates are low and wages are about to get inflated.
Posted on 1/27/21 at 8:37 pm to Eli Goldfinger
WTF? You just started a thread asking people to explain to you what was going on with Gamestop and now you're giving major advice? GTFO.
Posted on 1/27/21 at 8:40 pm to Eli Goldfinger
Stupid unless you are about to retire. Just ride it out for now
Posted on 1/27/21 at 8:52 pm to Eli Goldfinger
Fear sure does make people do stupid things. Imma ride this baby out and I guarantee I will come out on top. History is on my side.
Posted on 1/27/21 at 8:55 pm to Eli Goldfinger
I recommend putting 100% of your 401k into AG or SLV tomorrow. Do NOT miss out on tomorrow's run.
Posted on 1/27/21 at 9:29 pm to Eli Goldfinger
The money I make knee jerk reactions with goes to my bookie, therefore lesson learned.
Posted on 1/27/21 at 9:31 pm to Eli Goldfinger
The market is still the place to be. Read what Biden’s economic adviser said in another thread about forgetting about debt ration to the GDP and instead concentrating on the percentage of GDP used to pay interest rates. That means interest rates must continue to remain artificially low forever. Which means that the only place to get a return on money is in the market. Sure, property will work too, but it’s value is going to be expensive because of the low rates. Sure, you can borrow money and buy property, but you still have to have income to service the debt until you sell it. If it doesn’t sell, you could go bankrupt paying the debt. In that respect, the market is safer and allows you to get into it with less money.
This post was edited on 1/27/21 at 9:46 pm
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