Where to invest for retirement

[Edward429451]

On 4/10/2025 at 8:24 PM, warrior12 said:

So retirement is here and the need to keep up with inflation for my savings is at hand.   In  the past I resisted the stock market . A few years ago when the banks had almost none secured growth investment options, I switched to conservative mutual funds , which never really kept up with inflation.  To be fair, I had finiancial planners met with me to address investing oppertunities.  I thought though the stock market, even with mutual funds was a bit like gambling.  

Now , with either the option to keep on working or invest in the market is before me, as I see that the way finance is structured, you are kind of forced to go to the market if one is to keep up with inflation .   

How are folks invested in their retirement here as believers. Is the stock market in your opinion honest to gain wealth or  ??.   The way I see it, one almost has no other choice in todays complex world of finance and survival ?.

Any inputs apprecieated  

Personally, I wouldnt ever put a dime into the stock market. People get rich and people get poor in the stock market but it's like anything else, yes they do want your money. Maybe if I was an expert on the stock market but I am not, lol. 

The only thing that has consistently held it's value (and increased in value) is Gold. Buy some gold ingots and bury them in a coffee can somewhere. But it would be nice to have your money at hand, right? Anything could happen. Better get some silver too because if it comes to it...it's better to buy bread with silver than gold! The price of gold might vary a little bit here and there but it never goes down in value very much. 

Having your money at home assures you that your money is with the person that you trust 2nd best on earth. With the first trustworthy person that is most trustworthy on earth...and His name is not my name, it is is Jesus. 

[warrior12]

1 hour ago, Edward429451 said:

Personally, I wouldnt ever put a dime into the stock market. People get rich and people get poor in the stock market but it's like anything else, yes they do want your money. Maybe if I was an expert on the stock market but I am not, lol. 

The only thing that has consistently held it's value (and increased in value) is Gold. Buy some gold ingots and bury them in a coffee can somewhere. But it would be nice to have your money at hand, right? Anything could happen. Better get some silver too because if it comes to it...it's better to buy bread with silver than gold! The price of gold might vary a little bit here and there but it never goes down in value very much. 

Having your money at home assures you that your money is with the person that you trust 2nd best on earth. With the first trustworthy person that is most trustworthy on earth...and His name is not my name, it is is Jesus. 

I think so to with the stock market, some get rich and some poor. I also think there is more insider trading or things of that sort that takes place within that whole system. Maybe I am wrong, but just my hunch as the saying goes.

I have never considered the Gold and silver alternative as storing that in the place where I live would be a problem.

I just want to mantain the cashflow the would see me through as the years increases, in other words to keep up with inflation without too much risk.  I guess that may be a problem in this kind of environment that we have now and who knows where it is going.

I am still working, [ In Canada one is allowed to work as long as they want by law ] but want to escape that 9-5 now and maybe do some other things.  Right now the social security benefits will cover about two thirds and so I think I can manage, but again who knows what systems will come into effect after all this economic turmoil .   Thank for your input and blessings. 

[warrior12]

So wait, the stock market rises and falls according to what the US president news statements are. Well, that can make a lot of people who are in close relations a lot of money while others who are not in that loop loose a lot as the undecided will have shaky hands in making their moves.   Ha, what a shame, people lives are being toss to and fro from politics that is tied to the economics.  That is unethical I would think.  

[AnOrangeCat]

On 4/10/2025 at 7:24 PM, warrior12 said:

How are folks invested in their retirement here as believers. Is the stock market in your opinion honest to gain wealth or  ??.   The way I see it, one almost has no other choice in todays complex world of finance and survival ?.

My opinion is that it can be a valid way of getting money, but it can also be gambling. A lot of it depends on the practices you employ and how you make your decisions on what to invest in. If you're using a stop loss and doing risk management then you're making an informed decision and protecting your funds. If not, what you're doing is closer to gambling.

[WilliamL]

On 4/10/2025 at 6:24 PM, warrior12 said:

So retirement is here and the need to keep up with inflation for my savings is at hand.   In  the past I resisted the stock market . A few years ago when the banks had almost none secured growth investment options, I switched to conservative mutual funds , which never really kept up with inflation.  To be fair, I had finiancial planners met with me to address investing oppertunities.  I thought though the stock market, even with mutual funds was a bit like gambling.  

Now , with either the option to keep on working or invest in the market is before me, as I see that the way finance is structured, you are kind of forced to go to the market if one is to keep up with inflation .   

How are folks invested in their retirement here as believers. Is the stock market in your opinion honest to gain wealth or  ??.   The way I see it, one almost has no other choice in todays complex world of finance and survival ?.

Any inputs apprecieated  

Your post reflects the belief in a more or less steady-state economy for the foreseeable future: just the normal range of ups and downs.

But the US and the world economic picture does not suggest that things will be more or less normal. To paraphrase Bill Clinton, "It's the debt, stupid." All nations have massively overspent their incomes, and have monstrous debt loads. Just the interest on the US federal debt -- which debt finances the global economy -- has now surpassed defense spending, and is on the way to surpassing Social Security spending. China likewise has huge debt problems, and practically no safety net for its people. 

To put it bluntly, odds are that the World Economic Forum's predicted Great Reset is close at hand. (Remember "You will own nothing, and be happy"?) In such an environment, there will be no stable financial instruments. Even precious metal after a short while, because you can't eat gold.

The most reliable bet in a ruthless financial collapse is productive --as in food -- real estate. Those who had such in the Great Depression made out okay; most of the rest suffered greatly.

Rev. 6:5 When He opened the third seal, I heard the third living creature say, “Come and see.” So I looked, and behold, a black horse, and he who sat on it had a pair of scales in his hand. 6 And I heard a voice in the midst of the four living creatures saying, “A quart of wheat for a denarius [day's wage], and three quarts of barley for a denarius; and do not harm the oil and the wine.”