Hi Leslie. Please see the answer I gave Chuck, but I want to be clear that I'm not qualified to give advice on this. Here are my thoughts though... One of the guys I listen to, George Gammon, who is a very smart guy and he knows what is coming, says that he does not own his home, but rather rents right now (I believe I am right on this),…
Hi Leslie. Please see the answer I gave Chuck, but I want to be clear that I'm not qualified to give advice on this. Here are my thoughts though... One of the guys I listen to, George Gammon, who is a very smart guy and he knows what is coming, says that he does not own his home, but rather rents right now (I believe I am right on this), and he owns gold, silver and other investments and is waiting for the right time to cash in part of his gold and silver and buy investment assets with it. Chuck makes a good point about non-inflationary mortgages though. If it were me, I would put the minimum down on a house (the right house) with a fixed rate mortgage and put the rest into gold, silver and some mutual funds managed Peter Schiff's company. But then I'd really study the gold and silver experts, and get their perspective on when to sell and what to do with it when you sell. I don't know what is best for you, nor do I know that what I'm saying with the dollar crash is actually going to happen. I am confident that it is going to happen and am planning accordingly.
Hi Leslie. Please see the answer I gave Chuck, but I want to be clear that I'm not qualified to give advice on this. Here are my thoughts though... One of the guys I listen to, George Gammon, who is a very smart guy and he knows what is coming, says that he does not own his home, but rather rents right now (I believe I am right on this), and he owns gold, silver and other investments and is waiting for the right time to cash in part of his gold and silver and buy investment assets with it. Chuck makes a good point about non-inflationary mortgages though. If it were me, I would put the minimum down on a house (the right house) with a fixed rate mortgage and put the rest into gold, silver and some mutual funds managed Peter Schiff's company. But then I'd really study the gold and silver experts, and get their perspective on when to sell and what to do with it when you sell. I don't know what is best for you, nor do I know that what I'm saying with the dollar crash is actually going to happen. I am confident that it is going to happen and am planning accordingly.