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Reply to "ISO: Advice for protecting long-term savings"
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[quote=Anonymous][quote=Anonymous]Do you have an emergency fund? How old are your kids? How much are the metals worth? [/quote] Yes, we have an emergency fund and UPS stocks from 20 years of buying from each paycheck through husband's job, and we live within our means. So the precious metals are just this windfall that we do not need for daily expenses. The metals are $70k now, it's several pounds of silver and a few ounces of gold, silver bought in the $18-$25oz range and gold at $1500. This is my kids best chance to have a launch pad when they're older, something that neither my husband or I ever had and I have no idea what to do from here to ensure that they have it when they need it. Currently ages 3, 6 and 11.[/quote]
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