Hello All. I’m 58 and close to retirement. I have a pension and 401k with current employer. I’m tempted to retire now and take my money and run. I am concerned that if Trump wins, nevermind societal upheaval, I believe the powers that be will wreck the economy on purpose. If he doesn’t win, I am concerned that the economy will get worse anyway. Does anyone else feel this way? Granted, I am biased because I want to retire anyway and work at a car parts store.
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Welcome to the forum Gcroix. It does not matter. The economy can not stand. They've been kicking the can down the road for so long the can no longer exists. The can is dust. Start thinking survival. Gun, bullets, long term storage food, silver. Get prepared. Best wishes brother.
Thanks. Been here since Jan 21.
MOASS is tomorrow
No no no. Two more weeks!
I thought it was t-minus two weeks?
🌍 🧑🚀 🔫🧑🚀
Oustanding.
Just remember the dollar is bound to become more and more devalued.
I believe a crash is coming.
But I have more conviction that dollars will be worthless.
I'd trust the plan, hold onto what you own, I think as dollar devalues youll be better off than if you sell now. My advice is to set aside 3 more years of struggle for yourself before you retire. By then everything will be better. (I hope)
Worth less. Yes
You still have assets though. The people who lost most during Weimar were the ones who took the cash.
If your retirement portfolio is houses and oil and other assets.
You end up going down, then up, then you end up with true value in the end.
If you want to try to time the tops and bottoms thats on you. But I am not that smart.
Global Weimar
check my other comment.
I have the feeling it's going south regardless of who wins. How quickly we recover will depend entirely on who wins
Freedom vs Tyranny.
It's inevitable that the stock market will crash along with your 401k and the dollar. Invest in precious metals if possible