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How to protect my SEP retirement account
03-29-2012, 09:56 AM (This post was last modified: 03-29-2012 09:57 AM by EL34.)
Post: #1
How to protect my SEP retirement account
I am self employed. Many years ago my accountant set me up with a SEP retirement account. Ever since then, I have been depositing the max amount I am allowed, at tax time, into this SEP account for tax reasons and for retirement.

The portfolio is split between several mutual funds like

I also have about 100K sitting in cash

The big decline in 2008 pretty much destroyed my portfolio and that is why I kept some cash on the sidelines.
Now the Portfolio has bounced back except for one fund.

I have been stacking silver and will continue to do so over the long term. I am totally on board with the whole stacking of metals thing, but have no idea what can be done as far as paper investments in my SEP account.

I would like your opinion on what you think I should be doing with about 200K sitting in this account. I can't get my hands on the money and go buy physical commodities and so I need to invest it wisely.

I am not stock market savvy and don't really understand it all. That's why I love coming to your site and others to get concise info on the big picture. I am in it for the long term and like the idea of holding commodities.

My question is, if it was your money, what would you do?

Thanks in advance for any advice

How's the stack hanging?
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