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RE: How Long Will You Wait?
I was thinking more metaphorically, specifically in regards to the financial troubles that are headed our way. Your idea isn't bad for a literal train though! :)
!tip
I was thinking more metaphorically, specifically in regards to the financial troubles that are headed our way. Your idea isn't bad for a literal train though! :)
!tip
Metaphorically, that is an interesting question. The Feds can only delay the fore coming train wreck for so long.
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I'm impressed that you know what the Fed is. Most people don't. Unfortunately for all of us, the Fed is the company that created the train and is running it headlong toward doom. The best thing we can do is get out of the way by investing in things that have no counterparty risk, such as precious metals.
Not investment advice
Diversification is the key. Physically holding assets is always a good thing. Assets on paper may not be accessible when you need them. It happened in Greece; the government limited the amount of money people could withdraw from their bank accounts.