Nothing wrong with holding silver and other goods. Diversification is key to a strong portfolio. Nothing says you can't invest in metals, but you should explore and educate yourself on other types on investments as well.What about the idea of investing it in tangible goods such as gold or silver coin.
as for not having a 401k, for the last 12 years of my adult life I have needed every extra penny to pay for things like food, heat, and fixing up my old ass house. Retirement has been the least of my concerns.
Look up your company on www.brightscope.com and see if they are listed and how their retirement plan ranks. If it's low, perhaps you can opt out, and roll your 401k balance into an IRA that you can manage yourself.
I invest in silver (I love American Eagles) but the fact is I haven't made much money with them. My 401k however returned 10% last year, and 30% the year before. Plus there are tax advantages and such to take advantage of.
I know there's a lot of doom and gloom scenarios around 401k and other retiremrnt vehicles, but I would rather invest in retirement and get some bad news, than not invest at all and have nothing happen and rely on my social security in my old age.
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