I just can't see how owning precious metals will help me in a economic meltdown.

The older I get, the more precious my time becomes.

I might get a good price, but alot of my precious time has been wasted...Mike Butler suggests a different strategy.

If we are not a fit the funnel forms qualify that without me spending precious time on them.Lot's of flakes out there whether buyers, people wanting a loan, sellers,etc. 

Following are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k Similarities Both were created by congress for individuals to save for retirement;Both may be invested in alternative investments such as real estate, precious metals tax liens, promissory notes, private company shares, and stocks and mutual funds, to name a few;Both allow for Roth contributions;Both are subject to prohibited transaction rules;Both are subject to federal taxes at time of distribution;Both allow for checkbook control for placing alternative investments;Both may be invested in annuities;Both are protected from creditors;Both allow for nondeductible contributions; andBoth are prohibited from investing in assets listed under I.R.C. 408(m).The Self-Directed IRA and Solo 401k DifferencesIn order to open a solo 401k, self-employment, whether on a part-time or full-time basis, is required;To open a self-directed IRA, self-employment income is not required;In order to gain IRA checkbook control over the self-directed IRA funds, a limited liability company (IRA LLC) must be utilized;The solo 401k allows for checkbook control from the onset;The solo 401k allows for personal loan known as a solo 401k loan;It is prohibited to borrow from your IRA;The Solo 401k may be invested in life insurance;The self-directed IRA may not be invested in life insurance;The solo 401k allow for high contribution amounts (for 2016; the solo 401k contribution limit is $53,000, whereas the self-directed IRA contribution limit is $5,500);The solo 401k business owner can serve as trustee of the solo 401k;The self-directed IRA participant/owner may not serve as trustee or custodian of her IRA; instead, a trust company or bank institution is required;When distributions commence from the solo 401k a mandatory 20% of federal taxes must be withheld from each distribution and submitted electronically to the IRS by the 15th of the month following the date of each distribution;Rollovers and/or transfers from IRAs or qualified plans (e.g., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)

As an owner occupant you can get your earnest money back if you find something that was not preciously disclosed on the PCR.

Neither is pretty,The difference is that these bad guys on American greed are all running Ponzi schemes  investor money in.. goes to their account they never invest it and .. they buy them selves all the things that they must have,,, IE  big house,, airplanes, boats , cars,, jewelry for trophy wife  etc etc. and the investors get scammed.those buying rentals have an asset and if they can manage it propertly and buy right up front they stand a chance.. if they buy poorly and think someone is going to do all the work for them then they end up in your scenerio

in the tiny zip lock baggy not sure what to do with it, the one i found tonite, as right now its lying on the floor sorta behind the dryer.as the one i saw months ago (fall out of the washer) i just assumed was jewelry baggy with detergent in it and left it behind without much thought since i'm not street smart at all, never been exposed to any of that (til now) =L

@Aaron Xie, with that budget, I'd suggest you try and look in Toronto proper, for a few reasons:- Anything under or around $1M is going to become more and more precious as a few hundred thousand condo buyers from the past decade try to make the move to a freehold (non-condo home).- IF there were any sort of downturn in the market (which I don't see for a good 3-5 years), properties in the City of Toronto will likely be better insulated from any levelling off, or loss in value.- There are good opportunities to buy smaller homes on good sized lots, obtain approvals to build a much larger house, and sell the property to a builder or end user, with approved plans.Happy to chat more about this when we have our talk.

Wipe your eyes a bit and take a hard look at gold and tell me it isn't in a pricing bubble right now relative to other precious metals that actually have an industrial use like rhodium or silver.