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Would any of you have any suggestions about what I should advise my mom to do with her 401k? What would be best to allocate it to? I'm not very familiar with 401ks. I think she has an IRA too.
She hates it when I go into the doom and gloom stuff, but I don't want her to lose it all. I'd just withdraw it all and buy gold/silver, but she isn't comfortable doing that; taxes would be ridiculous on doing that, anyway. I don't really know what to do with it.
Any suggestions would be much appreciated.
Educate without fear.
Buy Pm's.
A penalty(tax) in a losing game, will become irrelevant.