/biz/ - Business & Finance

>Taking advice from 4chan

So after the election, my parents asked me for advice on how to change their portfolio.

They are still working, but now have to start taking money out of their 401Ks where they have ~$400k there managed by Fidelity and have $25k in cash to invest.

I honestly have not studied this enough to give them enough advice besides Gold and Silver are good.

Main goal here is not so much to get crazy returns, but to keep the money safe in case the US defaults on it's debt, or crazy $ inflation starts, or Deutsche Bank falls, etc.

So what advice do I give them? Mind you, they won't just do what I say, I have to make a good argument for doing it.