Posted on 12/23/2020 6:26:42 AM PST by MtnClimber
This is a great idea. Lets do it.
1. If you have a 401(k), set your investments to the money market fund (i.e. cash) option. You still get the tax advantage, but Wall Street doesn't get your $ to prop up their bailed out companies.
2.A (more of an impact but costs you personally if you're not first) - convert the stock assets in your 401(k) to the money market option. Do it on January 21 for maximum impact. Down side is a lot of people will become "paper poor" overnight. Upside: if Biden and the Socialists are coming for your 401(k) anyway, burning down the market isn't an issue.
2.B Sell everything as in 2A but liquidate your 401(k) and pay the tax penalty (which can be huge, mind you, at your top marginal rate PLUS 10% penalty if you're over 59 1/2 years old). Buy silver and ammo, plus tools and storable food.
Purpose - the oligarchs use the stock market as their piggy bank, as does the Left via "donations" from Corporate America to hard Left organizations (BLM, Planned Parenthood, others). Executive compensation is tied to stock price, too. So, the best way to win is to not play.
Personally, I've completed Option 1. Waiting for January 6 to see about Option 2...
Just so we’re clear..I don’t support any of what is happening..just don’t see how there will be a peaceful solution.
Thank you.
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