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Link Posted: 12/8/2022 9:14:58 PM EDT
[#1]
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Quoted:



gonna let you in on a secret little saying all the brokers have

"past performance is no guarantee of future results"

even they know / admit to it

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LOL.
Link Posted: 12/8/2022 10:39:39 PM EDT
[#2]
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Quoted:
The good news is you don’t have much to lose.

The bad news is that 17K in an index fund will more than double in 7-years
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Not sure what OP has, but JNUG will double or more in a year or two.
Link Posted: 12/8/2022 10:42:33 PM EDT
[#3]
Good move.....no really.
Link Posted: 12/8/2022 10:44:30 PM EDT
[#4]
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Quoted:
If in 1990 you invested $17k in Gold, today it would be worth about $78,000

If in 1990 you invested $17k in a DJIA fund, today in would be worth about $212,579
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Get out of here with your sage advice. This is GD.


Not sure which part of his statement was worse, that he only had 17k in his 401k, or that he bought gold on paper.
Link Posted: 12/8/2022 10:48:19 PM EDT
[#5]
17k damn bro save some pussy for the rest of us.
Link Posted: 12/8/2022 10:54:15 PM EDT
[#6]
Quoted:
Cashed out my 401k. 17k.

Bought gold etf's with it.

I'm hoping this was a good decision. Took me a long time to get that much money.

Maybe I should have gone 50/50 gold/silver?
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ETF!!! LOLOL unless you can stand in front of it with a rifle YOU DON'T OWN SHIT!!!!!!!
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