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Reply to "ISO: Advice for protecting long-term savings"
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[quote=Anonymous]Greetings! Mine is a good problem to have but I am very uneasy about it and hoping for advice. My family is low income by DC-area standards ($90k household). I have a low-level mommy-tracked job, my husband has a labor job with a union. We should be right in there with the people who have high credit card debt and barely making ends meet. Instead, I can hardly believe my fortune because the precious metals that I've been stashing away for years have exploded in price to where I now have about $70k at the moment. This is a collection that I'd like to leave untouched for the next 10-15 years, and have it be money for the kids when they reach adulthood. But because I've never had savings like this before, I am worried about losing it because sees too good to be true, especially with the price predictions going forward. Please give me advice for the long-term of how to preserve this. Right now it's all eggs in one basket (physical precious metals only) and I'd like to mix it up to ensure that this opportunity doesn't slip away through some preventable misfortune. Thank you.[/quote]
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