Check out my last two ideas where I point out all the problems this is what I am doing. We all need to acquire as much physical Gold and Silver as possible (real tangible assets). Meanwhile, I use the income from my work plus income from swing trading the market, I take the dollar profits and convert it to Gold and Silver. Right now the bullion dealers are blowing up with demand so premiums above spot are high, with that being said I am temporarily funneling the profits into etfs slv and gld which I will convert to physical as soon as the premiums go down. I also have 33% of my worth in income producing real estate reits, keep in mind as I continue to buy more gold/silver this is becoming a smaller percentage of my net worth. I have about 20% in gold miners because they have a lot of fundamental good news right now. I also have a small 401k in which I will post my strategy on 401k s because you are limited in terms of what you can buy. With that being said there are some individual stocks I will buy when they get cheaper, around the time the market bottoms. One thing to possibly consider depending on your situation is taking. out fixed rate debt at as low of an interest rate as you can find with the longest term and buying Gold and silver because as inflation moves higher and destroys the purchasing power of the dollar debt the Gold and Silver will still be there holding their value. Keep in mind that taking on debt is highly risky and I don’t recommend everyone do this it all depends on your specific financial situation. I don’t want anyone to take on debt and get hurt.
