As a stock market simpleton.... ELI5...
What should average Americans do to safeguard their 401k and money with everything going on...
As a stock market simpleton.... ELI5...
What should average Americans do to safeguard their 401k and money with everything going on...
So buying physical gold? What about gold funds? Do we need to cash out 401k? How about silver?
I was simply posting to a Q post which may be relevant to the question. No one truely knows what is going to happen, except for a select few.
In my opinion it would be unlikely that the plan would involve destroying the hard earned savings of middle class Americans. If assets of the elite are being seized we are talking trillions of dollars which could be returned to the people.
As with all investing, diversifying is key, if all your wealth is in 401k now would probably not be a bad time to divest some and get some physical gold.