Originally Posted by
rickair7777
x2.
... the stock market is risky but at least you have a measure of control there.
There are basically two rational long term retirement investment strategies. Which one you should exercise depends on your assumptions. The first assumes that there will NOT be a total meltdown of the US economy. The second assumes there WILL be a total meltdown of the US economy.
1. Invest in a well diversified stock portfolio or BETTER YET Index 500 mutual funds. Reinvest dividends and realized capital gains. In good times, you’ll be making more than the overwhelming majority while owning a share of the entire economy. In bad times, you will be buying An increasing share of the market at a discounted rate.
2. Buy and store guns, ammo, and freeze dried food, because you are going to need them.