so when she says get out, what exactly does she mean? Pull it out in cash and bury it in the backyard? Liquidate your 401 k and pay the tax she says, and then what? Buy a farm? Buy a herd of cattle? What? Keep it in pennies in the garage? Buy cars? What?
Good question.
First of all—buy what you want and need now because you cannot count on money you saved and invested being available when you want or need it.
If you live in the city buy that second house in the country.
If you have an expensive hobby indulge yourself—you only live once.
If you want to give money to your heirs or loved ones do it now.
Do not trust any investment advisor—if you lose they are not liable for your losses so f^%& them!
Liquidate your 401K, buy Gold and Silver and stand over them with an automatic weapon.
Whatever other forms of wealth you have - bring them onto your property, under your direct oversight.
For instance: if you are a farmer, build on-farm storage for your crop. Don’t entrust it to a 3rd party. Grain elevator companies can be as honest as the day, but they can be wiped out by these acts of legalised theft Miss Barnhardt is talking about. In such a situation JPM would get your assets.
One of the traders on Varney & Co. said to buy “things”... gold, a house in a nice neighborhood, oil and gas stuff (not sure what he meant by that, stocks in oil companies?).
The problem always comes down to how does one protect the stuff? A nice neighborhood today could be an abandoned one tomorrow. Gold can be stolen and stocks manipulated.
If I had the money, I would move to some quiet little country and hope the parasites don’t invade when they kill their own hosts.
If one decides to go all cash/precious metals and stuff it in the matress, make darn sure you keep documentation. The IRS and law enforcement agencies would be more than happy to confiscate it if you don't have proof of ownership. If one wants to go that route, I would seek legal advice...