Tuesday, January 15, 2008

401k Credit Cards?

Sometimes people ask me why I own a bunch of Gold or Silver or when should they sell theirs? Both are pretty good questions cause it's definitely a little weird to be so into precious metals and selling is an important part of investing.

Well, the short answer to these questions is that when I stop seeing crazy things like this - a credit card for borrowing money from your 401k - I'll feel a lot better about things and will probably sell.

My favorite quote:
"There's a lot of interest in what we're doing," says Young. "It's a unique and logical solution to an archaic process."
It's so archaic to save for your retirement. So archaic.