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12-13-2007, 08:58 AM
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#1
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Thinks s/he gets paid by the post
Join Date: Jul 2005
Posts: 2,375
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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.
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12-13-2007, 09:05 AM
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#2
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,021
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"Safe investment" is an oxymoron.
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Numbers is hard
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12-13-2007, 09:06 AM
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#3
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Give me a museum and I'll fill it. (Picasso)
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Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,145
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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
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12-13-2007, 09:09 AM
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#4
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Thinks s/he gets paid by the post
Join Date: Jul 2005
Posts: 2,375
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 Quote:
Originally Posted by REWahoo
"Safe investment" is an oxymoron.
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how about relatively safe investment
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12-13-2007, 09:12 AM
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#5
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,021
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Quote:
Originally Posted by Danny
how about relatively safe investment
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Don't know about you, but there is nothing remotely resembling safety when my relatives are involved... 
__________________
Numbers is hard
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12-13-2007, 09:15 AM
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#6
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Thinks s/he gets paid by the post
Join Date: Jul 2005
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man I was going that way when I wrote it, but I thought better of it 
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12-13-2007, 09:24 AM
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#7
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Give me a museum and I'll fill it. (Picasso)
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Location: New Orleans
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Some CD's are FDIC-insured. I'd think that would be pretty safe, for amounts less than $100K (the FDIC max).
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Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
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12-13-2007, 09:31 AM
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#8
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Thinks s/he gets paid by the post
Join Date: Jul 2005
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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
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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).
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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
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12-13-2007, 09:31 AM
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#9
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Give me a museum and I'll fill it. (Picasso)
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Posts: 12,483
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Define what "safe" means in your world........ 
Some folks think "safe" is a hedge fund.........
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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).......:)
This Thread is USELESS without pics.........:)
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12-13-2007, 09:33 AM
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#10
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Give me a museum and I'll fill it. (Picasso)
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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.
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"All animals are equal, but some animals are more equal than others."
- George Orwell
Ezekiel 23:20
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12-13-2007, 09:34 AM
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#11
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Give me a museum and I'll fill it. (Picasso)
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__________________
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).......:)
This Thread is USELESS without pics.........:)
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12-13-2007, 09:35 AM
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#12
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
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Some of us have no shame...
__________________
Numbers is hard
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12-13-2007, 09:39 AM
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#13
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Thinks s/he gets paid by the post
Join Date: Jul 2005
Posts: 2,375
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my definition of safe is no longer safe as of late 
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12-13-2007, 09:40 AM
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#14
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Give me a museum and I'll fill it. (Picasso)
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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
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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. :confused: 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.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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12-13-2007, 09:42 AM
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#15
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Quote:
Originally Posted by brewer12345
... So take your worthless dollars and buy ammunition, booze, and retire to the "safety" of your bomb shelter.
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those worthless dollars buying valuble ammo booze food
better buy that stuff now friendo!
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12-13-2007, 09:46 AM
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#16
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Give me a museum and I'll fill it. (Picasso)
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Quote:
Originally Posted by Want2retire
You could dig a hole in the back yard and bury a jar with your money in it.
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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!
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12-13-2007, 09:48 AM
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#17
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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
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Come on, there's $100 billion in the trust fund, and it covers a piddly $4.5 trillion in CD's............
__________________
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).......:)
This Thread is USELESS without pics.........:)
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12-13-2007, 09:53 AM
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#18
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Thinks s/he gets paid by the post
Join Date: Jul 2005
Posts: 2,375
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I had no idea there was that much in the fund!
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12-13-2007, 09:57 AM
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#19
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Give me a museum and I'll fill it. (Picasso)
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Quote:
Originally Posted by Danny
I had no idea there was that much in the fund!
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You'd think they'd let loose of just one little billion for us worthy LBYM ER forum folks. 
But seriously, wouldn't paying off your home be a "must" for the type of scenario you are discussing?
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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12-13-2007, 10:05 AM
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#20
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Thinks s/he gets paid by the post
Join Date: Jul 2005
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Quote:
Originally Posted by Want2retire
You'd think they'd let loose of just one little billion for us worthy LBYM ER forum folks.
But seriously, wouldn't paying off your home be a "must" for the type of scenario you are discussing? |
Agree! There should be a special line at the FDIC window for us.
Yes, the house is paid, although I haven't installed the moat and turrets yet. 
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