Greetings, fellow Patriots! This subject has been on my mind for quite some time now, but I didn't want to post here for fear of a backlash. But here goes.
Many people say a serious crash in the stock market is part of The Plan. What about those of us who sacrificed and saved and skimped to pad our retirement funds/IRA'S/Nest eggs, etc?
My husband and I aren't rich, but we've planned for our retirement for the past 30 years and should be able to retire comfortably, which is only a few years down the road. What will happen to all of our hard work, and everyone else who has done the same?
Please don't bash and say I'm missing the bigger picture. We have worked hard for what we've built! I just don't see Trump allowing the average Joe's life savings go up in smoke!
Thoughts, please.
The globalist cabal wants everyone to be dependent upon government for their welfare and livelihood via Universal Basic Income tied to a digital ID. They want to be able to control what you can buy, how much you can spend, and they want to turn off your access to available funds with the flick of a switch for the non-compliant. That's what the Great Reset is all about. The Great Reset also involves a massive wealth transfer to the cabal, so fully expect your retirement funds which are usually 401k type plans and possibly a pension, and any other invested funds to crash to pennies on the dollar. Most of these types of personal funds are invested in the stock & bond markets via Vanguard, etc. and they are all in on it. They might even do the "bail-in" thing to further deplete your savings. They want to ruin everyone financially. This also includes govt. entitlements such as Social Security, etc. In a nutshell, fully plan for and expect to be ruined when the petrodollar tanks. It is what it be. One other thing...Trump has no control or say over this.
^^^ THIS. The talk of a massive crash is unrealistic - if half of what folks are fear mongering about happened, the US wouldn't recover for decades. What do you think happens to our Defense during this time? What do you think happens to our (now broke) politicians? Defense will evaporate and our Gov't will rapidly fall to the highest bidder.
To the OPs point - "The Plan" cannot allow this to happen, simple game theory proves it. A helluva scare? Sure. A complete crash, MOASS, ... ? Not gonna happen.
Can someone show a Q post that says a crash is necessary and part of the plan? Even cryptically?
Yes! Please!
What we call "a modern economy" is a complete and total fraud. It's design is to transfer all real assets from We The People to the PTB. The "money" you have in funds is really just a withdrawal right in a shared bank account. The money itself is owned by the fund manager to do with as they please. Per the fund contract you are entitled to a share of the dividends of the underlying stocks that the fund is invested in, but you yourself do not own any of the underlying stocks. If the fund, or the company that holds the funds goes under, you lose everything. Of course you can sue them.
Good luck with that in the apocalypse.
In other words, there is nothing real there. You have withdrawal rights from a shared bank account, nothing more. If instead you transfer all that wealth into real assets, you will have legal ownership of real assets.
Assets that are good:
Stock in a company you like, registered in your name. It's not great, but its sometimes the best you can do with the way retirement accounts are constructed. I would transfer all of your fund accounts into specific companies that you think are worth investing in (hint: probably not Facebook, Twitter, Google, Apple, any of Big Pharma, etc.).
Putting money into in hand physical assets is best, but pretty much impossible to do with retirement accounts without substantial penalties (I'm sure there are tricks there I don't know about.)
You could take all of your "Nest eggs" and buy real physical silver, gold, or land. You could withdraw all the money from your funds and buy stock in a solid company that you like and register the stocks in your name (they are normally registered to your broker unless you register them at the custodian, or purchase them through a transfer company like Computershare (or gift them to an account in your name at such a company from your broker)).
Alternatively you can use your IRA to buy physical metals (I highly recommend silver) and store them at a place. This is not nearly as good as in hand physical silver when the SHTF, but it avoids penalties. This path, along with buying stock, both assume that society won't completely breakdown.
You sound completely uneducated on the financial sector and should not be giving retirement advice
Can you elaborate on specific points that you think may be in error? If you do I can offer my own rebuttals to your arguments and back them up with evidence.
Making a blanket statement of "uneducated" is meaningless. My education level is also meaningless. My education and experience inform my arguments. Once put out there, only the arguments matter. At that point any education or experience is irrelevant. This is why it is so important to address the specifics of an argument.
If you wish to offer a rebuttal the only reasonable path is to offer that rebuttal in the specifics. Ad hominem attacks will serve no one in the endeavor towards the Truth.
I don't think you understand what the concern is. You act like everything will go on the way it has gone, which if that is the case then you are right. If you are wrong, and people follow your "conventional" advice, they will be f'ed.
Okay,
If everything is not going to go on the way it has
What’s actually gonna happen? And why would you plan your future around a hypothetical
But but but... what should I do with this million $ in silver bullion I just bought!? It so HEAVY!
Crypto is worth exactly the amount of faith that is backing it at the moment. Unless it is an asset backed crypto (which do exist, but are only worth what the asset is worth) it has no other value except what the Elite (who own most of them) say they do. Why do you think the crypto market moves together? It is a pump and dump asset for the PTB.
Please see Part 1 of my report to get a better understanding of what the stock market really is. It is nothing more than an asset transfer vehicle for the Elite. ETFs (like all other funds) take your money so that the PTB can own all the companies. You own nothing. You own withdrawal rights for the fund, nothing more. The fund managers (or custodian banks) own all the companies. The funds are not backed by anything, and if the holder of the fund goes under, you are screwed.
Part 2 and 3 of that report will further elaborate on these issues. For now, this is sufficient.
If done right (stock purchases registered in your name), then you have legal ownership rights in the companies themselves. If the stock market crashes, the underlying stocks will still be worth what the company is worth. The fund on the other hand relies on the company that owns the fund and has nothing to do with the underlying stocks except in that those stocks count as an asset for the company that owns the fund. If the company gets liquidated (which I predict will happen in droves to banks in the near future) those assets are liquidated and used to pay off debts. Part of that debt belongs to you because of your contractual withdrawal rights, but only a small part and you won't be first in line. It's also only worth whatever the stock is worth at the time, which will be rock bottom prices in such a scenario. If you own the actual stock in the underlying companies however, you can simply hold on to the stock and when it rebounds (assuming not a total societal collapse) you will have lost nothing.
In order for Funds to be a "good" investment two things are required:
I don't think Trump is going to let that happen. and once he thrashes them fully the stock market will be freed up and get back to normal.
Don’t forget Ammo. That’ll be VERY useful in bartering for food and essentials.
The Obama/Xiden regime will be using your retirement funds to pay off their invasion forces. Votes are expensive. Plan accordingly.
I'm in the same boat as you and have prepared the best I can for now. Lots of good recommendations on this thread.
Oh...you know...
It’s incredible how no one actually answered your question
My observation is, depending upon your expected year of retirement. You’ll be fine. If a market crash does happen, it’ll be because of a recession. Which is natural
But if you are near retirement age, your investment risk tolerance should be adjusted for people nearing retirement. Meaning safe investments
So even if the market does crash, you are not as severely affected
I don’t think you have muhc cause to worry
The impending crash of the petrodollar has different ramifications on personal savings, investments and retirement funds than your typical recession, even if it’s a deep one. That seems to be the gist of the original inquiry, and yes, personal finance will turn to complete shit for most. Most walk around in a fog when it comes to this matter or the topic of being prepared to endure.
Smart move.
What good is physical gold and silver if the DS puts everyone on a digital ID? If they control what you can buy, then your gold and silver won't do you much good.
Besides what 10lbsBass said, you realize that there will ALWAYS be a black market. Since civilizations began until man no longer is alive on the earth as we know it, there will be black markets. Silver and gold will always be useful here on earth. Also, see other items of value in a collapsed society for how to plan.
Black/Off-Market purchases of food and essentials. You can rest assured that will be a thriving venue, especially during any transitional period. If the SHTF, it's truly going to be a mind-numbing experience and it will be anything but smooth. Just remember that precious metals have been the bellwether store of value for thousands of years. Regimes rise and fall as do their currencies.
Yes, but somehow I don't see the DS as being very forgiving of a black market.
Same reason you're stacking silver and gold. ;-)