Safe Investments

Danny · 12-13-2007, 09:58 AM

Where is one to put money in these current times of financial market uncertainty about credit markets freezing up. What is safe and earns a return?

Municipals?
Treasuries?
Bond Funds?
CDs?
Utilities?
Money Market Funds?
Gold funds?
Gold bars?
Stock Funds?
Stocks?
Real estate?
?

I'm getting a little puzzled lately.

**REWahoo** · 12-13-2007, 10:05 AM

"Safe investment" is an oxymoron.

audreyh1 · 12-13-2007, 10:06 AM

Treasuries are still safe. They don't protect you from the falling dollar, and they are a poor inflation hedge (Tips for that - sort of), but at least you don't have to worry about credit risk.

Audrey

Danny · 12-13-2007, 10:09 AM

Quote:

Originally Posted by REWahoo

"Safe investment" is an oxymoron.

how about relatively safe investment

**REWahoo** · 12-13-2007, 10:12 AM

Quote:

Originally Posted by Danny

how about relatively safe investment

Don't know about you, but there is nothing remotely resembling safety when my relatives are involved...

Danny · 12-13-2007, 10:15 AM

Quote:

Originally Posted by REWahoo

Don't know about you, but there is nothing remotely resembling safety when my relatives are involved...

man I was going that way when I wrote it, but I thought better of it

**Want2retire** · 12-13-2007, 10:24 AM

Some CD's are FDIC-insured. I'd think that would be pretty safe, for amounts less than $100K (the FDIC max).

Danny · 12-13-2007, 10:31 AM

Quote:

Originally Posted by audreyh1

Treasuries are still safe. They don't protect you from the falling dollar, and they are a poor inflation hedge (Tips for that - sort of), but at least you don't have to worry about credit risk.

Audrey

Thats right thanks for reminding me, things would have to be pretty bad for those to go south

Quote:

Originally Posted by Want2retire

Some CD's are FDIC-insured. I'd think that would be pretty safe, for amounts less than $100K (the FDIC max).

true, my concern here is that FDIC becomes overwhelmed and can't meet the need or there are no other banks able or willing to accept the transfer of the cds from the bankrupt bank

FinanceDude · 12-13-2007, 10:31 AM

Define what "safe" means in your world........

Some folks think "safe" is a hedge fund.........

brewer12345 · 12-13-2007, 10:33 AM

There is no such thing. The world is ending and all assets will be shreddded. So take your worthless dollars and buy ammunition, booze, and retire to the "safety" of your bomb shelter.

FinanceDude · 12-13-2007, 10:34 AM

Quote:

Originally Posted by brewer12345

There is no such thing. The world is ending and all assets will be shreddded. So take your worthless dollars and buy ammunition, booze, and retire to the "safety" of your bomb shelter.

Folks, brewer will be warming up for Frank Caliendo, coming to a comedy club near you..check local listings for times and dates..........

**REWahoo** · 12-13-2007, 10:35 AM

Quote:

Originally Posted by Danny

man I was going that way when I wrote it, but I thought better of it

Some of us have no shame...

Danny · 12-13-2007, 10:39 AM

Quote:

Originally Posted by FinanceDude

Define what "safe" means in your world........

Some folks think "safe" is a hedge fund.........

my definition of safe is no longer safe as of late

**Want2retire** · 12-13-2007, 10:40 AM

Quote:

Originally Posted by Danny

Thats right thanks for reminding me, things would have to be pretty bad for those to go south

true, my concern here is that FDIC becomes overwhelmed and can't meet the need or there are no other banks able or willing to accept the transfer of the cds from the bankrupt bank

I guess I was assuming that the FDIC couldn't become overwhelmed without a bail-out?

I suppose anything is possible. After all, people are talking about ending SS, which was the only thing besides death and taxes that was certain when I was growing up.

You could dig a hole in the back yard and bury a jar with your money in it.

Or, buy enough property that you can grow your own food, and pay it off fully. I'm only half kidding! I don't think things will get that tough, but if they get even a little tough it would be nice to know where you are going to sleep that night, and what you are going to eat the next day.

Danny · 12-13-2007, 10:42 AM

Quote:

Originally Posted by brewer12345

... So take your worthless dollars and buy ammunition, booze, and retire to the "safety" of your bomb shelter.

those worthless dollars buying valuble ammo booze food

better buy that stuff now friendo!

youbet · 12-13-2007, 10:46 AM

Quote:

Originally Posted by Want2retire

You could dig a hole in the back yard and bury a jar with your money in it.

That assumes our society, political system and economy are still intact. Digging up a jar full of Confederate notes that great grandma buried in the backyard in Alabama wouldn't do you much good today!

FinanceDude · 12-13-2007, 10:48 AM

Quote:

Originally Posted by Danny

true, my concern here is that FDIC becomes overwhelmed and can't meet the need or there are no other banks able or willing to accept the transfer of the cds from the bankrupt bank

Come on, there's $100 billion in the trust fund, and it covers a piddly $4.5 trillion in CD's............

Danny · 12-13-2007, 10:53 AM

Quote:

Originally Posted by FinanceDude

Come on, there's $100 billion in the trust fund, and it covers a piddly $4.5 trillion in CD's............

I had no idea there was that much in the fund!

12-13-2007, 09:58 AM	#1
Danny Thinks s/he gets paid by the post Join Date: Jul 2005 Location: Minnehaha Posts: 1,999	Safe Investments Where is one to put money in these current times of financial market uncertainty about credit markets freezing up. What is safe and earns a return? Municipals? Treasuries? Bond Funds? CDs? Utilities? Money Market Funds? Gold funds? Gold bars? Stock Funds? Stocks? Real estate? ? I'm getting a little puzzled lately. __________________ Danny's Waking Up To Another Beautiful Day Danny's American Diners Drive-ins Roadhouses Joints & Dives Waking Up With Nothing To Do...Trying My Very Best To Get It All Done Each and Everyday Golden Rule and Good Actions = Good Results Last edited by Danny; 12-13-2007 at 10:11 AM..

12-13-2007, 10:05 AM	#2
REWahoo Administrator Join Date: Jun 2002 Location: Texas Hill Country Posts: 11,637	"Safe investment" is an oxymoron. __________________ [Closed for renovation]

12-13-2007, 10:24 AM	#7
Want2retire Moderator Join Date: Jan 2007 Location: New Orleans Posts: 6,097	Some CD's are FDIC-insured. I'd think that would be pretty safe, for amounts less than $100K (the FDIC max). __________________ Dreaming of retirement.... " - - my greatest skill has been to want but little - - " (Henry David Thoreau, in Walden)

12-13-2007, 10:31 AM	#9
FinanceDude Give me a museum and I'll fill it. (Picasso) Give me a forum ... Join Date: Aug 2006 Posts: 7,442	Define what "safe" means in your world........ Some folks think "safe" is a hedge fund......... __________________ Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:) President Obama, please know that I will continue to cling to my guns and religion........:)

12-13-2007, 10:33 AM	#10
brewer12345 Give me a museum and I'll fill it. (Picasso) Give me a forum ... Join Date: Mar 2003 Posts: 9,251	There is no such thing. The world is ending and all assets will be shreddded. So take your worthless dollars and buy ammunition, booze, and retire to the "safety" of your bomb shelter. __________________ “When you realize that you are one of the rare few who observe moral principles in their relationships with others, there is a temptation to sink into amorality, not out of conviction or pleasure but simply to avoid further pain, because there is no greater suffering than being an angel in hell, whereas a devil feels at home wherever he goes.” – Martin Page, How I Became Stupid

12-13-2007, 10:06 AM	#3
audreyh1 Thinks s/he gets paid by the post Join Date: Jan 2006 Posts: 2,203	Treasuries are still safe. They don't protect you from the falling dollar, and they are a poor inflation hedge (Tips for that - sort of), but at least you don't have to worry about credit risk. Audrey