InvestorsHub Logo
Followers 320
Posts 15952
Boards Moderated 0
Alias Born 01/02/2010

Re: 123tom post# 3627

Saturday, 12/31/2016 6:24:56 PM

Saturday, December 31, 2016 6:24:56 PM

Post# of 11444
Money Market Cash is going to be a big issue for sure.
My wife only has 18 months to her full retirement.
It will be a fool's game IMO to have too much in the kind of brokerage account that has those provisions. I think things will be workable until she's done( I don't see the kind of collapse that would trigger that provision in the first 2 years of Trump) and then when everything can be rolled over I will allocate and divide for safety and useability for our needs.
I don't want someone making decisions for me (us) or leaving assets to Gov risk if it can be avoided. Only a fool IMO would let the Gov. take/use their savings/retirement thinking it would be safe.

I may be forced to trade a high % of the account until then and if that occurs then I am working on a strategy to hedge and/or straddle for safety. Metals would end up being a major portion in that scenario.
We can talk ideas in the coming year. smile

Time to work on ringing in the new year.
Best to you for 2017
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.