Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Safe Investments
Old 12-13-2007, 08:58 AM   #1
Thinks s/he gets paid by the post
 
Join Date: Jul 2005
Location: Minnehaha
Posts: 2,375
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.
__________________

__________________
MinnesotaEats - www.goodfoodmsp.com
Danny is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 12-13-2007, 09:05 AM   #2
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 43,356
"Safe investment" is an oxymoron.
__________________

__________________
Numbers is hard

Although rare, it is possible to read something on this forum you don't agree with and simply move on with your life

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 12-13-2007, 09:06 AM   #3
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 17,824
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
audreyh1 is offline   Reply With Quote
Old 12-13-2007, 09:09 AM   #4
Thinks s/he gets paid by the post
 
Join Date: Jul 2005
Location: Minnehaha
Posts: 2,375
Quote:
Originally Posted by REWahoo View Post
"Safe investment" is an oxymoron.
how about relatively safe investment
__________________
MinnesotaEats - www.goodfoodmsp.com
Danny is offline   Reply With Quote
Old 12-13-2007, 09:12 AM   #5
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 43,356
Quote:
Originally Posted by Danny View Post
how about relatively safe investment
Don't know about you, but there is nothing remotely resembling safety when my relatives are involved...
__________________
Numbers is hard

Although rare, it is possible to read something on this forum you don't agree with and simply move on with your life

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 12-13-2007, 09:15 AM   #6
Thinks s/he gets paid by the post
 
Join Date: Jul 2005
Location: Minnehaha
Posts: 2,375
Quote:
Originally Posted by REWahoo View Post
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
__________________
MinnesotaEats - www.goodfoodmsp.com
Danny is offline   Reply With Quote
Old 12-13-2007, 09:24 AM   #7
Moderator Emeritus
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 40,151
Some CD's are FDIC-insured. I'd think that would be pretty safe, for amounts less than $100K (the FDIC max).
__________________
5/17/2018: Retired a second time, this time from my volunteer Admin duties. After 10 years of being on the team, and 40,000+ posts, the time just seemed right. It has been such fun to work with all of our Mods and Admins and I plan to stick around as a regular member.
W2R is offline   Reply With Quote
Old 12-13-2007, 09:31 AM   #8
Thinks s/he gets paid by the post
 
Join Date: Jul 2005
Location: Minnehaha
Posts: 2,375
Quote:
Originally Posted by audreyh1 View Post
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 View Post
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
__________________
MinnesotaEats - www.goodfoodmsp.com
Danny is offline   Reply With Quote
Old 12-13-2007, 09:31 AM   #9
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
FinanceDude's Avatar
 
Join Date: Aug 2006
Posts: 12,483
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).......:)


This Thread is USELESS without pics.........:)
FinanceDude is offline   Reply With Quote
Old 12-13-2007, 09:33 AM   #10
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
brewer12345's Avatar
 
Join Date: Mar 2003
Posts: 16,433
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.
__________________
"There are three kinds of men. The one that learns by reading. The few who learn by observation. The rest have to pee on the electric fence for themselves."



- Will Rogers
brewer12345 is offline   Reply With Quote
Old 12-13-2007, 09:34 AM   #11
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
FinanceDude's Avatar
 
Join Date: Aug 2006
Posts: 12,483
Quote:
Originally Posted by brewer12345 View Post
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..........
__________________
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.........:)
FinanceDude is offline   Reply With Quote
Old 12-13-2007, 09:35 AM   #12
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 43,356
Quote:
Originally Posted by Danny View Post
man I was going that way when I wrote it, but I thought better of it
Some of us have no shame...
__________________
Numbers is hard

Although rare, it is possible to read something on this forum you don't agree with and simply move on with your life

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 12-13-2007, 09:39 AM   #13
Thinks s/he gets paid by the post
 
Join Date: Jul 2005
Location: Minnehaha
Posts: 2,375
Quote:
Originally Posted by FinanceDude View Post
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
__________________
MinnesotaEats - www.goodfoodmsp.com
Danny is offline   Reply With Quote
Old 12-13-2007, 09:40 AM   #14
Moderator Emeritus
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 40,151
Quote:
Originally Posted by Danny View Post
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. :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.
__________________
5/17/2018: Retired a second time, this time from my volunteer Admin duties. After 10 years of being on the team, and 40,000+ posts, the time just seemed right. It has been such fun to work with all of our Mods and Admins and I plan to stick around as a regular member.
W2R is offline   Reply With Quote
Old 12-13-2007, 09:42 AM   #15
Thinks s/he gets paid by the post
 
Join Date: Jul 2005
Location: Minnehaha
Posts: 2,375
Quote:
Originally Posted by brewer12345 View Post
... 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!
__________________
MinnesotaEats - www.goodfoodmsp.com
Danny is offline   Reply With Quote
Old 12-13-2007, 09:46 AM   #16
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
youbet's Avatar
 
Join Date: Mar 2005
Location: Chicago
Posts: 10,054
Quote:
Originally Posted by Want2retire View Post
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!
__________________
"I wasn't born blue blood. I was born blue-collar." John Wort Hannam
youbet is offline   Reply With Quote
Old 12-13-2007, 09:48 AM   #17
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
FinanceDude's Avatar
 
Join Date: Aug 2006
Posts: 12,483
Quote:
Originally Posted by Danny View Post
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............
__________________
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.........:)
FinanceDude is offline   Reply With Quote
Old 12-13-2007, 09:53 AM   #18
Thinks s/he gets paid by the post
 
Join Date: Jul 2005
Location: Minnehaha
Posts: 2,375
Quote:
Originally Posted by FinanceDude View Post
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!
__________________
MinnesotaEats - www.goodfoodmsp.com
Danny is offline   Reply With Quote
Old 12-13-2007, 09:57 AM   #19
Moderator Emeritus
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 40,151
Quote:
Originally Posted by Danny View Post
I had no idea there was that much in the fund!
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?
__________________
5/17/2018: Retired a second time, this time from my volunteer Admin duties. After 10 years of being on the team, and 40,000+ posts, the time just seemed right. It has been such fun to work with all of our Mods and Admins and I plan to stick around as a regular member.
W2R is offline   Reply With Quote
Old 12-13-2007, 10:05 AM   #20
Thinks s/he gets paid by the post
 
Join Date: Jul 2005
Location: Minnehaha
Posts: 2,375
Quote:
Originally Posted by Want2retire View Post
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.
__________________

__________________
MinnesotaEats - www.goodfoodmsp.com
Danny is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
VWIAX is this as safe as MM MonarchDon FIRE and Money 2 08-10-2006 01:45 PM
Is 4% really safe? Jim666 FIRE and Money 75 04-04-2006 08:06 AM
where safe 2% plus searcher FIRE and Money 9 02-09-2005 12:55 PM
Safe and how much searcher FIRE and Money 3 01-07-2005 12:33 PM
"Is the Safe Withdrawal Rate TOO Safe?" Nords FIRE and Money 13 10-20-2004 10:36 AM

 

 
All times are GMT -6. The time now is 01:44 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.