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I'm finally going to move out my old 401k from my previous employer into an IRA and I have an account with Fidelity. I'm just browsing around right now and there's bazillion different choices. I reckon I don't have to to stay with Fidelity, but I figured that might be easier to navigate. Anyway, what are you guys and gals use for a high dividend S&p ETF?

I'm finally going to move out my old 401k from my previous employer into an IRA and I have an account with Fidelity. I'm just browsing around right now and there's bazillion different choices. I reckon I don't have to to stay with Fidelity, but I figured that might be easier to navigate. Anyway, what are you guys and gals use for a high dividend S&p ETF?

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[–] • 1 pt

I've seen a big amount of interest in silver now. Isn't China buying it up now?

[–] • 1 pt

Silver is the most undervalued asset available. There's 4x more above ground gold than there is of silver. Silver stockpiles go down yoy and half of supply is used never to be seen again. Right now it's 85:1, 85 oz of silver buys you one ounce of gold. Natural mining ratios are around 10:1.

Silver is the lynch pin to the market and there are huge interests in keeping it low.

Silver is a giffen good. As price rises, demand rises, the inverse of supply demand economics. Once silver starts heading to its true value relative to gold, there will not be an ounce to be found for any price.

I wish you the best! Remember, if you don't hold it you don't own it.

[–] • 1 pt

That's true. It needs to be sitting in the safe in the basement.

[–] • 1 pt

The great thing about silver is it can be hidden anywhere.