Back in September moved to 100% capital preservation in 401K

Diversity is the mindset of weak investors. It's the single reason they preach it the world over. Yes, you can make money using this method, but it's not because of being a market wizard or anything. It's the blanket strategy for the sheep.

As a par of multi millionaires once told me, rather than put your eggs in all baskets, instead put your eggs in one basket, and become VERY good at watching that one basket.

The market is rolling over. Whether it's short term buy the dip, or a true collapse remains to be seen. There exists a half dozen gaps still to fill, all the way back down to the 18k/19k lows.

THEY DONT WANT THE DOLLAR ANY MORE AND IT WILL BE RENDERED USELESS.

THE DOLLAR IS WHAT ENABLES YOU TO STILL BUY THINGS and when they collapse it you will only get what they tell you you may have.


Think Venezuela and look at what i happening

Nothing is 100%, when you get your digital implant you will also be nothing.
GM

I did the same in August. Seems no way this house of cards isnt' going to collapse.

Obvious shill is obvious.

Germany had to pay war reparations for losing the war...The definition of Reich is not empire, it's "try" as in the first, second, and third try...Maybe one day the Germans will get it right lol

I did not realize that the whole entire planet including all of our enemies are storing VEF (commie dollars) CASH in their mattresses.

You are a fool right?

Individual stocks are volatile, just ask the folks at Enron...

I put 25% in the high risk category, but if your strategy has made you millions, don't change it...Do what works...Playing peek-a-boo with you money will not get you better gains than a long term investment strategy, and it has been proven...

I always put my money where my mouth is, and there's no substitute for the time value of money...

If you are putting things into MMAs, don't forget this - only have 250k or less in any one bank, not account. Don't take the risk if they combine your accounts for FDIC insurance if the bank folds.

History tells us at the end of every Empire it's 'money' is worthless

1st signs of the end of an Empire is usually chaotic troop withdrawal

just sayin'

what don't you people understand about CORPORATE TAKE OVER ?

and you are going to continue to support BIG CORP ?

it is big corp MANDATING mask and vax restrictions - advocating Lock Downs ...

You really believe that BANKERS aren't financing this Coop?

put your money in PMs ... when the banks close their doors, you will still have your wealth ...

The world is going to shit but there’s no place to hide from the dollar.

Diversify.

80% stock

(60% total us stock market low cost etf + 40% International stock fund low cost )

10% TIPS

10% low cost gold etf

No bonds

Diversify globally equity wise and use tips, ibonds, reits and gold etf instead of bonds. (Gold is now at a high)

What is PM?

We did the same yesterday, bottom line we feel it coming.

I sold my small business just before the plandemic, in 2018 and threw it in the market with the rest...Small businesses are getting crushed and I did not want to be a victim...yes I invest in the big guys, and some of the smaller ones too...A man cannot physically work hard for 40 years, you must have a retirement plan...I was done after 26, and don't regret a second of it...

When employees are let go in mass for not taking the Jab, they will pull their 401k's to live off of. Big money Investment firms know this is coming and will short the market in advance. No stopping what's coming IMO.

I just turned my 401 into cash 6 months ago.

Bought a big ass safe, filled it with 100 dollar bills and
Multiple ozs of Gold.

Still had enough left over to clear myself of all debt and
grin from ear to ear every time i see that bank statement.

ReTirement I highly recommend.
Sooner the better.

Stay Frosty everyone and if you’re on the East Coast you might
wanna invest in a surf-board or kayak.

Surfs Up.

maybe he's old and doesn't want to wait ten years to get it back? there's plenty of alternative investment strategies.

I thought everyone was given a 401K. Then I hear you have to sign up for one. I don't know. How do you find out if you have one? I haven't worked somewhere in 5 years.

What is the point of preserving money in a bank?
Did you not pay attention in 2008? Did you not notice the "bail-ins" in Europe where they just took their patrons deposits? Laws are already on the books to do the Same in the United States and elsewhere The Government of the world are simply printing money and buying when the stock markets tank. Look at the short term market in Sept 2019. Do you think that stopped?
Where do you think all of these massive cash deals in real estate are coming from? People cashing out their stocks while the govt happily prints money to buy them. Why is Black Rock buying RE? Why is Bill Gates buying farmland?
The Dollar itself is in jeopardy of high, if not hyper inflation. The Stock Market kept going up in Wiemar Germany too.. and the companies those stocks represented failed in the hyper-inflationary economy. And that was JUST inflation there. Now add in the effects of pandemic restrictions , world unrest, supply chain disruption and think about the repercussions might be.

I took my money out of all stock in summer of 2008 just before the crash, and yes, I could have thrown it back in and earned 5X what I had. I didn't. I cashed out my 401k, and bought a house outright with a few acres. I have since taken all extra capital and worked on getting ready and self sufficient. I would be worth 2 million+ if I had 'reinvested" after the 2008 crash. I didn't because I vastly overestimated the intelligence of my fellow man and the underestimated the corruption of the government. Do I regret that decision now? Absolutely not. In fact my life became richer and better when I let go of the big house and mortgage, the opinions of strangers and the pursuit of wealth and traded it for the pursuit of self-sufficiency, as the latter forces me out of my comfort zone and to learn more and improve myself each day, spend time in and with nature, and spend more time with those I love and building true friendships and community with neighbors.

If needed your 401K will be taken by the bank that holds it. If the system doesn't crash your 401K will become worthless over time as inflation eats away at it. Govt spending isn't going to change and that trajectory is set as the elephant in the room.
Your 401k will never provide you with the retirement you intended it to, much less the basic needs to survive what I fear is coming ( even social security will be bankrupt by 2034) The hour is already very late.

Pay off all your debt, and your house if you can, and always keep 10% of your savings in hard assets, like land, ammo, physical gold & silver, etc. You should also keep 5-10% of your savings in accessible cash, just in case the banks shut their doors, like they've done in the past during panics.

With as volatile as the world is today, don't keep any savings in any investments you can't afford to lose overnight.

You want backup plan after backup plan, because there's no way in telling which way things will go.

Most importantly, have fun, and enjoy all the shit life has to offer.

Seriously Brief, they are just about to END THE CURRENT FINANCIAL SYSTEM.

The rules you are accustomed to playing by won't exist anymore.

The "market" won't exist in the form it does now.

The entire idea of the "great reset" is to steal all assets from the people and transfer them to the criminal elites.

And you think they will leave your paper gains untouched?

[link to www.youtube.com (secure)]

If you do not have a taxable account to insulate your tax free account, you're a fool...Never cash in the retirement account until the age that you don't get penalized...You can pull up to $6000/year from your retirement without penalty...but then you have to withdraw it every year...

Mine is the most risk proof and actually works...I don't make 1000% at a time, it's slow and steady, but the exponential growth of just 12% compounded is nothing short of amazing...

No one is given a funded account...Your employer will generally match you up to a percentage of what you put in it...I would at least fund it up to the match...

Last Edited by BRIEF on 09/15/2021 10:11 AM

An SP index wont do much for capital preservation if the market crashes.

Sweet jesus, yall spout the most ridiculous things, lmao

There is no great reset...There will be no reset, it's a fantasy...

So all the companies are going to drop in value and stop making money? I don't see that happening...