Need second opinion, Am I Crazy or Not

Quote: Would love to know what you are invested in...my 401K tanked like everyone else's and I will probably never retire now....LOL

Well first off it's what I don't invest in, like absolutely no mutual funds. Why would you want to give them 2-4% of your money and if the market tanks you can bet they'll still take there cut. I also send no money to the States, haven't for 3 yrs. I also don't buy banks cuss their dividends suck. What I buy exclusively are ETF's, most with I Shares (Blackrock). ETF's are essentially a basket of investments like the Energy (XEG) one will have stocks in it from oil, gas and power companies. Their fees are usually around
.5% and mostly I'm into Real Estate Trusts (REITS), Pipeline Trusts and what are called Real Return Bonds. Essentually if they don't pay out a minimum of 5%/yr. they don't get my money. I just resently started buying a monthly income ETF that pays 5-6%/yr and the distributions deposited monthly in my accounts which most ETF's do anyway. So far this year even with all the ups and downs of the markets it been mostly up and I'm up 9% for the year.Your ETF's work the same in the US as ours but you got to do your homework. All the banks here in Canada, and I'm sure in the US, allow every client to open Self Directed Investment Accounts both registered and non-registered. Your 401K's and our RRSP's would go into the registered account and are tax deferred. Once open you go online and buy what ever you want on any stock market in the world and pay a one time broker fee of 10 to 20 bucks, more homework.