The Daily Paul has been archived. Please see the continuation of the Daily Paul at Popular Liberty.com

Thank you for a great ride, and for 8 years of support!

Comment: A couple of options

(See in situ)


A couple of options

Option 1: You can take a loan against your 401(k). That will allow you to borrow up to 50% of the value in your account up to $50k, and then pay yourself back with interest, usually at Prime + 1 or 2, over the next 5 years. As previously mentioned, take that balance and purchase AU and/or AG.

Option 2: Cash it out, pay off your debts, then invest the rest in precious metals or other commodities. Recommend consulting a tax advisor.

I really think we will see a confiscation of retirement assets under this administration. Plan accordingly, and good luck!

*****The Federal Reserve is neither.*****