Better than a 401k

July 28th, 2009 · No Comments

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Have you invested in a 401k for a number of years only to see it cut in half in past year or so?

The idea behind a 401k is a good one. You can take part of your paycheck every month and invest it long-term in some financial vehicle that will hopefully grow and become enough money for you to live on when you retire. It’s a lot better than Social Security because it has a chance to earn money through whatever investment it is in while Social Security can’t.

The problem with a 401k, or any other investment like it, is that you have invested in paper and ideas. Like what has happened in the past year, most investments have declined and some have gone away completely. When a company goes under you don’t even get your original money back.

To balance that risk you can invest a part of your money in something that has intrinsic value, like private gold and silver. These tangible assets do go up and down in value but they aren’t likely to “go under” during our lifetimes. Unlike with stocks, if the company that issued the gold or silver fails, the investment doesn’t lose its intrinsic value because it is accepted as money all over the world.

I have found a company, YOUnique Wealth, that issues private gold and silver. They are creating a plan where regular people can make a fixed monthly investment, just like you do with your 401k, and they send you gold and / or silver. Here’s an example of how it works. You decide to invest in gold, put in $250 a month, and the gold costs $140. The first month you will get one gold medallion at $140 and the remaining $110 will be held until the next month. The second month you put in your $250, add in the $110 that was held over, so you have $360. They will send you 2 gold medallions ($280) and roll the remaining $80 over. It works the same as your current paper investments because you can only buy whole shares. If you look at your investment account you will usually see some amount of cash sitting in a money market or something.

To find out more, there is a Big Day event starting soon, August 12th at Noon EDT. There will be short 15 to 20 minute informational calls every other hour starting at that time. Go here to get the schedule, get on the calls, and start stockpiling your precious metals.

Here are the two videos that are on that page. The first one is Bob Proctor.

BTW, I’m not a financial adviser. I like gold and silver because they have held their value a lot better than the dollar over the past several years and they have real value as opposed to the dollar, which is just paper.

Wayne Woodworth
Gold and Silver are valuable and shiny