I was just laid off from work so where can I transfer my 401K toward investment in GOLD?

Comments

1. Judy says:

   November 7, 2009 at 10:38 pm

   First of all you’ll need to open a discount brokerage account.
   Schwab, td ameritrade, scott trade, etrade

   Second there are gold ETF’s and gold stocks
   It’s easy to reserach and find these in schwab (ive never looked).
   good luck – but open a discount brokerage account this weekend!!!!!
   Ask for a rollover IRA
   Schwab will do all the paperwork for you.
   They will even call your old company if there are any problems.
   You get a free consultation – you can ask how to buy gold.
   They never charge a fee for anything – only $13 / trade.

   Be careful with gold.
   If the market turns around gold buyers I believe live on computer with a finger on the sell button.
   You could lose your shirt if the markets turn around.
   /
2. Beau.Gus says:

   November 7, 2009 at 10:50 pm

   Would you wait until the sales are over for the opportunity to pay full sales price for a car? No? Then why would you want to buy gold at a price close to historical record highs? Does that make sense to you?

   If it does, you will never have enough money to retire. Ever.