I realized a long time ago that my 401K was a "government created and promoted way to financial ruin".
I am not going to bore you with details of how or why the government promotes Wall Street. Just know that the first people bailed out on your tax nickle was whom?
It's time to get smart.
If you have a 401K then expect it to loose value soon...lots of value in the coming 12 months. This "up market" is far from seeing its negative side over. The stock market is the most unsafe place to be with your life savings.You really have few options but to take a ROTH or buy gold with the investment.
You are forewarned. Buy as much gold as your money will buy and keep buying it. It is going up faster than your IRA ever will and should outweigh your tax loss in about 3-6 months of gold gain. No matter what gold does, you will never wake up one morning and find your gold assets cut down by 40% like the 401K did.
The choice is yours. Ride up or ride down.
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