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re: If you haven’t already reallocated your 401K into a safe space, you better get on it
Posted on 1/27/21 at 9:40 pm to LatinTiger30
Posted on 1/27/21 at 9:40 pm to LatinTiger30
How old are you ornif you’d rather how many years to retirement??
0
Posted on 1/27/21 at 9:44 pm to Eli Goldfinger
I’m anticipating significant inflation the next few years. The market is a hedge against inflation. I’m keeping my money in the market.
Posted on 1/27/21 at 11:48 pm to Vastmind
quote:
GBTC
Agree 100%. GBTC premium is currently near zero. Prior halving on July 9, 2016 was followed by a 20x rise in BTC in calendar year 2017. Last halving was on May 11, 2020. Looking at the 4 year halving cycles, 2021 should be a big year for gains.
quote:
As MicroStrategy founder, Michael Saylor puts it,
“If God came down and created perfect gold, he would create 21 million gold coins, put them on a network that you could move at the speed of light if you wanted to, and make it impossible for anyone to create any more gold. He’d make it impossible for a bank to steal your gold. He’d make it impossible for anyone to lie to you about how much gold they had in the vault. He’d make it completely transparent when he gave it to you. That’s what Bitcoin is. It’s digital gold designed with all of the attributes that we love about gold with none of the liabilities.”
Posted on 1/27/21 at 11:57 pm to ArHog
quote:
I cashed out and took the loss and the penalty, far better than losing all my shite
Holy frick that was stupid.
Posted on 1/28/21 at 12:03 am to Eli Goldfinger
Because it’s going to crash or they’re going to take it?
Posted on 1/28/21 at 9:18 am to Eli Goldfinger
Because market will tank?
Posted on 1/28/21 at 9:22 am to ArHog
Cares Act let you withdraw without penalty. At least in 2020 it did.
Posted on 1/28/21 at 9:27 am to Eli Goldfinger
Even if I'm 20+ years away from retirement?
Is the GME thing really going to drive a multi-decade debt cycle?
Is the GME thing really going to drive a multi-decade debt cycle?
Posted on 1/28/21 at 9:32 am to EKG
quote:Why would you want someone else to store your gold?
Gold.
Bullion coins and gold bars.
Best safety measure for your $ in times of political unrest.
Posted on 1/28/21 at 9:36 am to moneyg
quote:
If you think they can’t reach into your bank account you are going to be disappointed.
Doubt they can reach into my safe at home. I'm not that damn dumb baw.
Posted on 1/28/21 at 9:39 am to ArHog
quote:Then I would delete that post.
Doubt they can reach into my safe at home. I'm not that damn dumb baw.
Posted on 1/28/21 at 10:33 am to LatinTiger30
quote:
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.
Dim's want to change everything about history
Posted on 1/28/21 at 10:36 am to Eli Goldfinger
Nah, I’ll just keep buying during the downturn.
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