Hi folks. I have registered to this forum in the hope that I can learn from people with some financial knowledge and experience, but who have no vested interest in the advice they give! I am a financial know-little, 60yo male with a feeling that, as my retirement looms closer, I need to think about securing my little pot of assets at least as much as growing it. I am therefore quite risk-averse and a pathological cynic (who isn't at my age?). I landed on this site following one of my many journeys down the rabbit hole (internet) in the search of info on buying gold and/or silver, because I am seriously concerned about my retirement in light of growing (to my mind) financial tremors, not least of which is the current government's interest in my super, but also the parlous state of the world economy (i.e. debt and mismanagement). My interest in bullion is therefore around its role as a 'prepper' strategy. I'm considering building a small safety net in gold and/or silver, thinking that, if everything goes pear-shaped, it might be handy. By pear-shaped, I mean proper armageddon, bigger/worse than the last GFC, with paper money having little real value if I need to buy stuff like food or medicine. Anyway, please forgive my paranoia and allow me to pick your brains from time to time.
Hi and welcome to the forum, i dont buy the financial armageddon senario, i think stagflation is probably more likely.
Thanks folks. The time I've spent here so far has been one of my best investments. I now feel scared but prepared in equal measure!
