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To: blam

How does someone protect the value of their 401K if the Feds start printing money like crazy?


33 posted on 06/27/2010 9:53:34 PM PDT by rawhide
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To: rawhide

Put the money into a domestically produced energy equity, or buy into an oil/gas well project. Oil is priced in “world money units”, so that no matter the price of oil on the world market, you’ll get paid in dollars.

And one mo’ tang: we converted out of our 401K’s into Roth IRAs this year; don’t trust the cash grabbing Feds not to ‘save’ us by confiscation. My $.02


55 posted on 06/28/2010 4:51:03 AM PDT by pingman (Price is what you pay, value is what you get.)
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