If the market takes a crap on this, like we're all thinking will happen, and the market crashes, your 401k will be just as worthless as th fiat currency it's backed by. So, what's the difference between cashing out now, hoarding your moolah, maybe buying essentials with it that you'll need, or using that cash to buy precious metals?
I put my 401k into all cash a few weeks ago
What if the currency takes a shit? With all this government spending your money will be depreciated through inflation at minimum.
It's a risk I'm willing to take. When the market tanks I'll put it back into top stocks by market cap and ride the wave back up with cheap shares.
If the market takes a crap on this, like we're all thinking will happen, and the market crashes, your 401k will be just as worthless as th fiat currency it's backed by. So, what's the difference between cashing out now, hoarding your moolah, maybe buying essentials with it that you'll need, or using that cash to buy precious metals?