Husband and I have decided to sell our house and return to the old family homestead. We stand to clear around $400,000 which we’re afraid to put in a bank. Husband wants to sink the entire amount into DWAC. We know the market is going to tank and DWAC will go down too, but we also believe it’s the only solid stock that will “moon” eventually. Advice is most wanted and welcomed. Thanks in advance
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You could buy another piece of land like others have advised. You could also buy some physical gold in the form of 1 oz. gold bars. I'd recommend jmbullion.com. Then buy a good safe to keep them in. Gold might go up and down a little but it's a solid way to keep your money from the ravages of inflation. Put $200k into a piece of property, $150k into gold bars, $40k in Silver bullion and $10k cash for emergencies.