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What to do with my money....

Submitted by jrb112476 on Thu, 10/02/2008 - 12:19
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I just withdrew the highest amount possible out of my 401k....where should I put the money?

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Find your local

Submitted by quiltingsando on Thu, 10/02/2008 - 13:21.

coin shop buy 1/10 gold coin and some junk silver dimes what is left buy food and keep some cash also. Think variety.

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With only $1600

Submitted by samadamscw on Thu, 10/02/2008 - 12:49.

I would get emergency supplies, but not so much you couldn't carry them in a back pack or in your car.

Buy heirloom seeds (large variety) not the hybrid terminator kind. They must be 'heirloom.'

Some good field manuals, and if you have any left over, a handful of silver coins.

Give it to me.. Cuz I have

Submitted by adam1mc on Thu, 10/02/2008 - 12:34.

Give it to me.. Cuz I have none

:-)

loll

Submitted by jrb112476 on Thu, 10/02/2008 - 12:39.

i dont have much either....

but

Submitted by jrb112476 on Thu, 10/02/2008 - 12:27.

gold wont make money for me...what about money markets, cd's, etc.? it is only about $1600

gold and silver coins

Submitted by ladalang on Thu, 10/02/2008 - 12:34.

and buy a safe

Nothing

Submitted by Acala on Thu, 10/02/2008 - 12:29.

Nothing is going to make money for you now - unless you know how to trade shorts and such. You will be lucky to just preserve your wealth.

Best Advice

Submitted by Achilles on Thu, 10/02/2008 - 12:45.

seen here lately. It is about wealth preservation at this point.

Gubment pumping dollars into the economy (ours and everybody elses) = inflation = doens't make sense to hold dollars.

All other currencies fiat = wouldn't be able to find a currency that it would make sense to hold cash in.

Stocks getting ready to hit the big hill on the roller coaster = short selling possibilities, if the gubment will allow it after today.

Bonds = can you trust Treasury Notes and Bills now??? Munis? Corporate bonds??? Buehler?

Hedge funds = who but the very rich and well placed can afford to buy in?

Real estate = um no.

I mean it's just hell at the moment, for us poor stiffs trying to have something to hold onto for retirement. Uncle Sam has screwed the pooch for those approaching retirement now.

where

Submitted by jrb112476 on Thu, 10/02/2008 - 12:34.

can i buy gold and actually get the physical gold? anywhere online?

gold on ebay

Submitted by Down80 on Thu, 10/02/2008 - 13:04.

we bought some gold a few years back on ebay.

good idea

Submitted by knarfxii on Thu, 10/02/2008 - 12:23.

Very good idea!

Gold

Submitted by Republican Liberty on Thu, 10/02/2008 - 12:21.

Under 10k - 5k Cash and the rest in Gold and Silver Coin

Everything over 10K - www.Goldmoney.com