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Message: [QUOTE="Ol'89r, post: 1268571, member: 17212"] Hubert. Forty K sounds like a lot of money but if not properly invested it will disappear faster than you could imagine. If I were in your shoes, I would invest it in gold, silver and oil stocks. Get rid of the dollars as fast as you can. Trade them for pre-1964 silver coins or numismatic gold coins. Invest in real coins not an ETF. (Electronic Trading Fund). You can buy a 715 ounce bag of quarters at todays price of approx $19.50 an ounce and just sit on it. While everyone around you is watching their dollars decrease in value, you will be watching your investment grow. Platinum is another good metal to invest in. Numismatic gold coins are good because they can't be confiscated by the government. If our economy goes to crap, you will at least have real coins to sell or trade. If you buy silver certificates or through an ETF, you will only have a worthless piece of paper that shows how much you lost. The US government along with the federal reserve is in the process of raiding everyones retirement funds. By printing more and more money, it makes the dollars we have in our wallets worth less. Every time they come up with a new plan to help the economy by printing more money it hurts the rest of us. Helicopter Ben's plan to drop billions from the helicopter is only going to devalue our dollar even more. And, the helicopter is being loaded as we speak. :ohmy: The lower the value of our dollar the faster gold and silver go up. Talking to a funds manager is a good idea under normal circumstances, but things are not normal right now. Many people are losing thousands of dollars daily from their mutual funds. Stocks are going into the toilet and housing is a crap shoot right now. With housing timing is everything and now is not the time in most areas. Do your own research. Be your own money manager. All of the information is on the internet and there are some very good books to read up on how our economy works. Or doesn't work. Remember, stock brokers and funds managers first job is to make themselves money. I will send you a couple of links to read up on. [/QUOTE]

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