How does one invest in gold?

[johnny chimpo]

Assuming one's tin foil hat is getting pretty tight, thinks the dollar is going to collapse and wants to invest in gold/silver/precious metals, how do you do it? I have about $50K in a 401k that is parked in a target date fund. My advisor didn't have much info for me, told me the target fund was a good place to be. Below are the options I have in my 401k. Any insight? I'm confused and my advisor wasn't much help, so please spare me the "You shouldn't be getting financial advice off Hornfans" comments.

AMERICAN BALANCED FUND
AMERICAN FUNDS 2010 TARGET DATE
AMERICAN FUNDS 2015 TARGET DATE
AMERICAN FUNDS 2020 TARGET DATE
AMERICAN FUNDS 2025 TARGET DATE
AMERICAN FUNDS 2030 TARGET DATE
AMERICAN FUNDS 2035 TARGET DATE
AMERICAN FUNDS 2040 TARGET DATE
AMERICAN FUNDS 2045 TARGET DATE
AMERICAN FUNDS 2050 TARGET DATE
CAPITAL INCOME BUILDER
CAPITAL WORLD GROWTH AND INCOME
CASH MANAGEMENT TRUST OF AMERICA
EUROPACIFIC GROWTH FUND
FUNDAMENTAL INVESTORS
INTERMEDIATE BOND FUND OF AMERICA
NEW PERSPECTIVE FUND
NEW WORLD FUND
SMALLCAP WORLD FUND
THE GROWTH FUND OF AMERICA
THE NEW ECONOMY FUND
U.S. GOVERNMENT SECURITIES FUND

 

[BigWill]

what? no ponzi scheme option?

 

[johnny chimpo]

Oh, how I miss the Billy and April chronicles. Wonder where they would tell me to put my dough.

 

[HornBud]

How is Sam not an option?

 

[Chult86]

For the love of all that is holy in this world will someone PLEASE PM me about what happened to that thread!

 

[CanaTigers]

It was waterboarded then executed.

 

[bevocbs]

I agree we need either a concluding post for that thread or a weekly update that won't draw attention. If I'm missing something like that, please PM me.

 

[OrangeBlooded]

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