Not trying to make a tread for specific financial advice as much as I'm am curious about what people are doing or considering doing with their current investments.
I for one am thinking about cashing out a 401k I have. I'm not currently contributing because I'm between careers as a result of moving my family out of the pits of hell (westtern WA Seattle area). As part of the move we faired very well taking advantage of the inflated housing market and are debt free so we can hold over while I find a new career.
Since the Friday banking fiasco, I have already lost 4k in my 401k! 3 friggin' days! Instead of watching my investment tank, I'd rather take the early withdrawal hit and hold cash and a fair amount of bullion.
I'm just a normal working man and really don't know much about investments. To me it seems right now it would be wiser to hold your assets in something tangible rather than watch my "money" on a computer screen rapidly disintegrate.
Well just bc of the things I’ve heard about xrp I went ahead and bought $50 worth today and $25 of xlm. We have decided to leave our 401k alone. We have some cash in the bank and some silver stashed, the cash in the bank is for a tax delinquent property we will either bid on soon and own or the cash will buy silver. Real estate Is better in my opinion. The house is a tear down but the 2 car garage is solid and the land and garage will be sold to our daughter to build a new house on. So we will profit a bit but also have our daughter nearby on land adjacent to what we have now. (Don’t think big land think village lots and small modest homes).
I still have hope for a jubilee and the return of interest paid. I haven’t used any credit cards for over 20 years and have no debt except monthly bills. Modest but sensible.