{"id":29246,"date":"2020-11-23T08:58:57","date_gmt":"2020-11-23T15:58:57","guid":{"rendered":"https:\/\/www.itmtrading.com\/blog\/?p=29246"},"modified":"2020-12-30T09:27:43","modified_gmt":"2020-12-30T16:27:43","slug":"mortgages-ms-62s-401ks-qa-w-lynette-zang","status":"publish","type":"post","link":"https:\/\/www.itmtrading.com\/blog\/mortgages-ms-62s-401ks-qa-w-lynette-zang\/","title":{"rendered":"Mortgages, MS62s &#038; 401Ks&#8230;Q&#038;A w\/ Lynette Zang"},"content":{"rendered":"<p>FROM SARI: A client asked about taxes on a 401K. She heard that they were going to start taxing that as of next year. Have you heard anything about that? 1:08<\/p>\n<p>FROM KEELY: John M Asks: Is buying the MS 62s and 63\u00e2\u20ac\u2122s OK or do I need to buy a higher grade? For the last five years I have bought 30 ounces of American gold eagle bouillon and have recently started selling it back to get pre 33s 3:03<\/p>\n<p>FROM FERN: Petr: I am currently moving to a new mortgage product and have the option of a 5 and 7 year-fixed rate mortgage and interest only. One at 1.44% and the other at 1.99% for 5 and 7 years respectively. As part of my strategy from what is likely to come sooner than later (economic storm) and my move into gold for safety I am wandering this: Do I fix for the longest term I can at this point to perhaps be able to take advantage of an opportunity down the road to pay off my mortgage. If so would 5 years more than suffice or should I go to the 7 years or neither? The 7 year rate makes my monthly payment about $150 more each month. 4:40<\/p>\n<p>Viewer Submitted Questions:<\/p>\n<p>Petr: Can Britannia coins be confiscated by the US government and therefore US coins be confiscated in the UK? 7:00<\/p>\n<p>Jon Reynolds &#8211; If they&#8217;re going to inflate away the debt, don&#8217;t they need to also stop creating new debt? 8:20<\/p>\n<p>Android_Z &#8211; Virtually everyone else says silver is a better investment now. Doesn&#8217;t silver usually move up more than gold in a bull market? 9:56<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FROM SARI: A client asked about taxes on a 401K. She heard that they were going to start taxing that as [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":29251,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1711],"tags":[],"class_list":["post-29246","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-qa"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/29246","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/comments?post=29246"}],"version-history":[{"count":3,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/29246\/revisions"}],"predecessor-version":[{"id":29347,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/29246\/revisions\/29347"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media\/29251"}],"wp:attachment":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media?parent=29246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/categories?post=29246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/tags?post=29246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}