Re: Better Investment Than Gold
You don’t see the IRAs of retirees as I do every day as a financial planner that have lost upward of 60% of their retirement savings?
A heads in the sand mentallity will not do any of us good right now. This is not Y2K or some possible conspiricy theory; an economic collapse is happening right before our very eyes. Let’s not attempt to pretend it’s not happening, let’s deal with it.
jerrydon10 – If I was a retiree who had lost 60% of my IRA I would demand that my financial planner tell them what he or she was doing to lose that 60%. Insuring stock equity positions with Puts? Obviously not or they would still have nearly 100% of their cash value still in the portfolio.