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Re: Uk1chad post# 3915

Friday, 12/09/2016 10:15:58 AM

Friday, December 09, 2016 10:15:58 AM

Post# of 19215
First off, I am not a stock broker (registered representative) or financial planner. I was a registered rep many years ago. I do not like to tell people what to buy or not buy with there hard earned money.

What I am about to tell you will have a negative response from people here and with people you know. Before you make a decision please research this info first. If I was you, I would stop putting money in my 401K if your only options were US Treasuries, US Municipal bonds or stocks. Find out what kind of stocks you can invest in within your 401K. I would have all my money in that 401K invested in miners, oil, or things like agriculture and water. I know it's a great idea to have your employer to match your contribution. What happens if the excrement hits the fan and the markets fall 30-40-50%? What will happen if there is a bail-in? You wont have access to your 401K money if you need it without severe penalty. We don't know what the government will do to stop the stock market selling. Bail-ins are in the Dodd Frank legislation. I would take the money I would put into a 401K and make sure I have 10-20% in physical gold and or silver first. Read this...https://dollarvigilante.com/blog/2016/07/07/signs-government-planning-confiscate-retirement-funds.html

If you don't think a government who is broke and strapped for cash won't confiscate your 401K or change the laws to invest all retirement money into US Treasuries just look at what Argentina did about 8 years ago.

Before you decide on course of action just ask yourself why would anyone want to buy US TREASURIES? Look at our debt...http://www.usdebtclock.org/. Look at Credit card debt and student loan debt.

If the Fed raises rates next week what will that do to the bond market? Does our government show any willingness to balance the budget? If we were in a Bubble at Dow 18,000 are we in one at 19,600? Think about all the powder kegs around the world.

I know it's a tough decision to not have your contributions matched. You feel richer. It makes sense. But thats what I would do.