wingnut- Posted May 10, 2015 Group: Royal Member Followers: 39 Topic Count: 101 Topics Per Day: 0.02 Content Count: 7,673 Content Per Day: 1.31 Reputation: 7,358 Days Won: 67 Joined: 04/22/2008 Status: Offline Share Posted May 10, 2015 http://www.marketwatch.com/News/Story/Story.aspx?guid=30E61E20-F51F-11E4-B575-048C47B2F2CB&siteid=yhoof2 Link to comment Share on other sites More sharing options...
Hall7 Posted May 30, 2015 Group: Diamond Member Followers: 2 Topic Count: 75 Topics Per Day: 0.02 Content Count: 1,385 Content Per Day: 0.32 Reputation: 491 Days Won: 5 Joined: 04/25/2012 Status: Offline Share Posted May 30, 2015 I'm not sure what I should do with my 401k now, I dont have much in there but sure wouldn't like to take a bad hit like many did some time back. Its with Fidelity... Link to comment Share on other sites More sharing options...
wingnut- Posted May 30, 2015 Group: Royal Member Followers: 39 Topic Count: 101 Topics Per Day: 0.02 Content Count: 7,673 Content Per Day: 1.31 Reputation: 7,358 Days Won: 67 Joined: 04/22/2008 Status: Offline Author Share Posted May 30, 2015 I'm not sure there is any right answer here hall. I mean, a person can take their money out now, pay the penalties and taxes which will basically amount to about half. But then what? If the market collapses what will that money be worth?  I guess my main point in posting this is to make people aware of what is around the corner. Build your ark before the rain comes, pay off your debts, and be prepared. Link to comment Share on other sites More sharing options...
Hall7 Posted May 30, 2015 Group: Diamond Member Followers: 2 Topic Count: 75 Topics Per Day: 0.02 Content Count: 1,385 Content Per Day: 0.32 Reputation: 491 Days Won: 5 Joined: 04/25/2012 Status: Offline Share Posted May 30, 2015 The 401k isnt allowed to be touched until resigned or at retirement age for the company I work for, but the investments in where the money goes can be switched around between stocks and such, or I could just stop putting into it. Guess I'll have to pray about it... Thank you. Link to comment Share on other sites More sharing options...
wingnut- Posted May 30, 2015 Group: Royal Member Followers: 39 Topic Count: 101 Topics Per Day: 0.02 Content Count: 7,673 Content Per Day: 1.31 Reputation: 7,358 Days Won: 67 Joined: 04/22/2008 Status: Offline Author Share Posted May 30, 2015 If you can invest in commodities that is probably the safest avenue. Stay away from CDO's or any mortgage backed securities. Link to comment Share on other sites More sharing options...
Hall7 Posted May 30, 2015 Group: Diamond Member Followers: 2 Topic Count: 75 Topics Per Day: 0.02 Content Count: 1,385 Content Per Day: 0.32 Reputation: 491 Days Won: 5 Joined: 04/25/2012 Status: Offline Share Posted May 30, 2015 Thanks Wingnut, God bless you. Link to comment Share on other sites More sharing options...
CSLJ Posted July 8, 2015 Group: Members Followers: 0 Topic Count: 3 Topics Per Day: 0.00 Content Count: 73 Content Per Day: 0.02 Reputation: 11 Days Won: 0 Joined: 06/05/2015 Status: Offline Share Posted July 8, 2015 Have heard it said as long as the currency traders are making money trading the metals will be artificially low, giving the righteous the opportunity to buy at what will soon be a bargain price. blessings Link to comment Share on other sites More sharing options...
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