Buying more, cashing out, or staying the course? Do you put the minimum in or as much as possible? There has been talk of 401k confiscation but there were those rumors when Obama was President as well. Not sure I buy those rumors but I can definitely see Social Security being means tested down the line.
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We took ours out of any funds that had bigtech innthem. Moved to small biz. Havent heard anything about confiscation but not sure what to do with it in that case.
Good idea. Also betting against big tech may not be a bad idea. While I have'nt really looked into, perhaps there is an inverse tech ETF out there.
I'm considering taking a chunk out to buy some land. The economy is obviously going to crash and will do so very quickly and intentionally. At least I will have something to show for my losses and maybe dampen the impact.
Hopefully in a low tax area!
Well it is currently but that's subject to change...
Invest in companies that are expanding operations in China, if your main interest is to make money.
The world is fully selling out to the emerging markets in Asia... these massive Chinacentric corporations are only going to get bigger.
That should be fully clear by the attack on the worldwide populist movement (that's currently still happening) by the globalist corpratists. Asia is the new economic hotbed, the USA is old news.
Can't change the situation so might as well make money off of it, right? When life gives you lemons, make lemonade.
Go to cash
Already did a few months back with all the uncertanty. Of course the market went up 10% since then . Heh.
Never complain about missing the top early!
Isn't there a way to convert a 401k into a self directed IRA and buy investment real estate? I read about a long time ago and it seemed like a good idea to me at the time. I might give that a try.
I think you have to leave your job in order to do that but I could be wrong.
Why do you have to wreck my plan. 😂 I knew it was too good to be true.