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I have a special case IRA I can liquidate with no tax implications(over 250,000 invested), right now my options are

  • Dump the entire thing and cash out the money that's left. The thing has been hemorhaging money, and at least for now Biden has not made new rules to screw me over. This would allw me flexibility for now to buy choice items I need for later, even if i have no retirement savings

  • Keep it in the account and traded, risk losing a lot of money, BUT it could always go up later. Based off the massive implosion of the economy i find this one very hard to believe.

  • Divert the funds to something else like an MMA or cash account, lose the potential gains later, and ride out the market. Re invest later on and see what happens. This is really just option 2 with different instruments used

I have a special case IRA I can liquidate with no tax implications(over 250,000 invested), right now my options are * Dump the entire thing and cash out the money that's left. The thing has been hemorhaging money, and at least for now Biden has not made new rules to screw me over. This would allw me flexibility for now to buy choice items I need for later, even if i have no retirement savings * Keep it in the account and traded, risk losing a lot of money, BUT it could always go up later. Based off the massive implosion of the economy i find this one very hard to believe. * Divert the funds to something else like an MMA or cash account, lose the potential gains later, and ride out the market. Re invest later on and see what happens. This is really just option 2 with different instruments used

(post is archived)

[–] 2 pts

With that kinda of money I'd so gold and platinum as well. The next currency will need to be a commodity back coin or dollar.

[–] 3 pts

Don't be fucking retarded. Every ounce of gold mined from the ground, 10 oz of silver is mined. Half of that is used in unrecoverable industrial uses. It's trading at 70:1, why the fuck you you buy gold when silver is at a minimum 1,400% undervalued relative to gold.

[–] 0 pt

its not retarded, silver is your best bet right now but gold re-adjust too when the markets crash. im saying dont put your eggs in one basket. thats retarded.

[–] 0 pt

Spot price of silver is 100x undervalued compared to the ratio of silver to USD from 1913, gold is less than 10x unless the dollar is suddenly repegged to gold specifically a 40% price discovery of theoretical value for silver is a 41.4x roi whereas the same 40% discovery of theoretical value for gold is 3.7x roi