My 401K took a hit

I almost cashed out my $50k 401k towards the beginning of 2018 to buy crypto. Thank God I didn't go through with it.

because he's Nat David from Curb Your Enthusiasm

Should of put that money in stocks instead.

Please refer to my thread

Do you genuinely believe your 401k is safe?
Lets say theres another financial crisis.
Possibly even bigger this time.
Is your money safe?
I think not.

Look into bail-ins ;)

>Art
how is Art a good investment?

Do you genuinely believe your shitty paintings are safe? All it takes is one nigger with a gun to knock on your door.

please see

>being this dumb

still a bad investment. high risk, low liquidity. maybe something like masterworks or arthena some day, but no, art has no intrinsic value and so it's not a good investment. between picking own a company that has hordes of gold versus a company that produces hordes of cash year after year.... the answer is obvious which is best. one produces cash, the other relies on an illiquid market of fickle millionaires.

If you have taste it will hold some value at the very least. You have to be in the know.

buy IOST and hold till 3600 sats

Do you understand what a freeport is?
No.
You didn't look because you're not intelligent enough to understand it.
Its ok.
Want an investment/store of value?
Art in a freeport.

All it takes is one person with a gun. Or for the government to decide you are laundering money. Poof, there goes your entire life savings.

Definitely won't be tasting anything when economy goes to shit and you thought "art" was a good way to hedge your money.

DO YOU NOT UNDERSTAND ENGLISH MOTHERFUCKER
Here I'll spoonfeed you
en.wikipedia.org/wiki/Geneva_Freeport#cite_note-8

all of the art world is laundering money
Do you not think the VERY wealthy deal in this?
Moreso than you'd think

You really are dumb. I would say you are dumber than that retarded goldfag.

I am?
Do you understand the secrecy world?
Offshore banking, shell companies, freeports, etc?
No.
I'm dumb.
You're smart.
You probably understand how to hide wealth in all of these things and I don't.
Maybe I should read more.

You don't even have any wealth to hide. You're just another poor NEET larping.

You're right I have none to hide.
You're quite astute user.
Now tell me, what do you do with your wealth?

I invest it in productive assets.

As do I as a business owner.
Very productive.
VERY profitable.

Now, how do you protect that wealth?
Do you want it to be generational user?

If I wanted to protect it I wouldn't store it in a place where I would lose it from one guy with a gun.

storages of value are not an investment, and investments are not storages of value.

stores of value retain purchasing power; investments grow (or diminish) it

yet they can be an investment if you believe a currenc(ies) to failing
it would actually increase the value, would it not?
therefore making it an investment.

you're not very bright, nor have you taken just a modicum of interest in what I've spoonfed you like a baby
but you're also young, dumb, and full of cum
and probably susceptible to a guy with a gun

I moved my assets into 90% bonds 10% stocks. I lost $90 before I did it, I suggest others should do the same

>To Many New Fags in this Thread user
>What do you think about getting a reverse mortgage to get the roof done