I know you shouldn’t ask investment advice over the internet, but I’m hoping to get a drive by consult from anyone more familiar than me in investments.
My hubby and I have a really good secure plan for if SHTF, he can support me even if I don’t work. I just went to part time as an RN so I only work two 12’s a week, just to keep our health insurance since he is a successful small business owner.
My question is, if SHTF soon, should I divest in my retirement now, take the hit, and put what ever is left in more precious metals? (We have PM and plenty of other assorted precious metals ;-)
We have heavily invested in property. Most all is owned outright now.
Neither one of us have really been a fan of stocks - but since my company would match up to 6% of what I put in, I’ve been putting in 10% for many years. It was a decent sum until today 😂🤷♀️ - hate to think of at least the capital I put in being lost…
Do you have enough to invest it yourself? Do you know that you can use it as a 'self directed IRA?' You can invest in almost anything with a self directed IRA. See if you can find a reputable broker in your area and what they might suggest. They might advise based on how much you have in your account/s. Good luck and let us know what you do. I'm curious to know what to do, myself!
Sorry, let me explain further. When you invest yourself, you have to have a 'custodian' to watch over your money and make sure you're not breaking the rules. So instead of a stock broker like a TD Ameritrade type, you have a custodian for your IRA.