Can we have a thread about what the hell to do right now?
🗣️ DISCUSSION 💬
First of all, I'm an idiot when it comes to anything financial. I know many of you aren't. What is the safest thing to do with the money (fiat) that we do have right now? Leave it in our local bank? Credit union? Keep it as cash in my sock drawer? Also, the money in my 401k? Switch it over to bonds or something else I don't fully understand? Any thoughts from someone who's been paying better attention to these things than I?
It depends on where you are situated.
You can always pick up small quantities of PMs from your local jewelry shop and probably buy from many places. There are places that can test the metals and give you a report - worth doing that when you are not sure.
In some countries, they have mints that sell PMs. In US I keep hearing that Miles Franklin is a good place to buy from, but cannot vouch for it first hand.
Great, thank you. I'm in the US.