Wed, Jun 12, 2013 - 6:30pm
I am not a pro...
I had 60-40 stocks and bonds. A few weeks ago I went 60-40 bonds and stocks. I now understand bonds and stocks will crash eventually, clearly due to QE tapering.
I have a Fidelity IRA, so WHERE do I put it? Cash reserves? Take it out, take the 20% hit, buy even more silver? That would put me 100% in silver, which seems unwise, though we have never had a global economic meldown before. Perhaps now is the exception, and 'buy metal' is the best short-term (i.e. 3 - 5 years) guess for wealth preservation?
Edited by: AstroTurd on Nov 8, 2014 - 5:27am