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Financial advice for a new college grad. Please help!

I am a college student and will be graduating shortly with a degree but I am unsure where/how to invest my money.

I am wary of 401Ks and other savings plans which I believe the government (and possibly corporations) will move to confiscate as the economy continues to deteriorate. However, this decision depends greatly on the timescale in which collapse will occur. The tax free incentives to a 401K, IRA and other savings plans are hard to pass up if the FED can continue to paper over the economy for another decade or more.

As you may have guessed, I want to invest in hard money (gold and silver) for sure but beyond that I am unsure of where to put my money.

In short, I value the opinion of DailyPaulers and would like to know where like-minded people who share my view of the economy are investing their money. Who do you use for financial advice? How do you make financial/investment decisions and what information/websites/resources do you trust the most?

Any help and/or suggestions are greatly appreciated! Thanks!



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What I would do

If I were in your position I would buy land as others suggested.
Slightly away from civilization, near a small town. I would rent a small apartment near work if needed.

I would invest in metal working tools, and set up a small shop, off grid power and water if possible.

I would pay off the land as fast as possible. Doubling the principal payment each month will avoid much of the interest, and pay it off in half the time. I would invest in old silver coins also, being the most easily tradable if things go busto.

Also, metal working skills can be traded for goods and services.

At the least, assuming everything continues ticking along, when you retire; you will have a place to live cheaply. If you have enough silver and gold, you can use those as your retirement. Don’t think about how much money you can make in your lifetime, but how secure you can personally make your future.
If you can retire and live comfortably off less than a million dollars, there is little reason to accumulate more.

Recently, a friend closed his 401K, taking huge losses, of course, paid off his house, and got debt free. He was called “anti-American” by one person and I realized he was on to something. His behavior is very American, from LONG ago. He is still a young man, and his future is secure. :)

Just my perspective. Good Luck in the Future. :)

Just open the box and see

Do not waste money on nice

Do not waste money on nice clothes, fancy cars, and fancy meals. Buy some land in the country, build a small home, a few guns and plenty of ammo. If you make a lot of money, buy more land.

In addition...

I would learn gardening skills, hunting skills, and how to raise an easy source of protein such as chickens.

Financial wealth can be measured. Skills that allow you to survive in the absence of money cannot. They may become priceless very shortly.

Did/Does Ron Paul Ask Others For Financial Advice ?

Answer: NO !

He did his own research without the aid of a computer, many years ago.

Some questions:

Do you have a guaranteed income lined up?

Do you know how to figure out a personal monthly budget ?

Can you save money after living expenses and bills are paid?

I read Robby Noel:

http://robbynoel.com/

beesting

Thanks for your input. I have

Thanks for your input.

I have a good degree and several job prospects. I am careful with money and aware of the dire straits our economy is in and plan on having a decent amount of disposable income to invest.

I am doing much of my own research but there are many sources to gather information from so it is a bit overwhelming. I am not sure where to start. I of course however agree with you that it will have to ultimately be my decision when, where and how to invest.

If you want to make money, be

If you want to make money, be a realist. Invest in the war machine, big government, crony capitalism and cigarettes and alcohol. You'll never go broke.

Unfortunately, for our

Unfortunately, for our future's sake, you are likely correct..

If you invest like an

If you invest like an idealist, you will surely go broke. Corruption is eternal.