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Old 03-04-2012, 11:02 AM   #21
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Is this some kind of trick question?

"Low risk" means you aren't willing to take risks of losing principal.....

Asking for some other option for "low risk" investing is like asking for some other vowel to use for spelling "aardvark". You can have any vowel you want, but you won't get the intended result.
Agree 100%.

And long while since I've heard "aardvark" working into any discussion on personal finance!
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Old 03-04-2012, 11:32 AM   #22
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Location: Miraflores,Peru
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I am fortunate to live in an area with high interest rates and low inflation and can generate real rates of return in the +6% range on CD's. From time to time I ponder what I would be doing with "cash" if I was living in the states.

My safest idea would probably be to open a CNY savings account with the Bank of China.
Down side= Max $20,000 can be converted/deposited per year.
= The Savings account pays no interest.
= Exchange rates will vary will be less than official rate due to
transportation/bookeeping/insurance costs

Upside = FDIC INSURED
= Backed by China
= Can be withdrawn/converted to Dollars at any time
= No FBAR required
= CNY has been floating upward by +4% per year.
= Conversion/withdrawal does not trigger taxable event.
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Old 03-04-2012, 11:55 AM   #23
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If you have access to a "Stable Value" fund, mine are paying 3.5 % for the last 2 years. I think you can only get into them via a 401k. I have 2 of them, and yes, they have been very stable.
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Old 03-04-2012, 07:57 PM   #24
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FWIW, I put $60K in Wellesley on Oct 31st
I also put an additional $30K on Jan 26th

I also put $60K in Vanguard GNMA on Oct 31st
I also put an additional $30K on Jan 26th

currently, my Wellesley is sitting at $93680
currently, my GNMA is sitting at $90875

draw your own conclusions

I'm happy for the moment.
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Old 03-04-2012, 09:50 PM   #25
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Pen fed 5yr CDs are now 2% with a 365 withdrawal penalty
Psst Ally
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Old 03-04-2012, 10:00 PM   #26
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I-bonds are paying 3.06%. Rate resets every 6 months, they have to be held 1 year, and if sold before 5 years the last 3 month's interest is withheld.

Limit of $10k/person/year.
I-Bonds are a good option for as long as real rates are 0% to negative (a situation that may persist for a while). The ability to get out of them at low or no cost when rates rise is super attractive too. The down side is the low investment limits, which makes them tough to use in any meaningful way.
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Old 03-04-2012, 10:45 PM   #27
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Quote:
Originally Posted by clifp
At home in a fire proof safe. Only good news about the absurdly low rates is I don't stress about where to park my money anymore.
+1. It's nice that we don't have to worry about that these days.
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Old 03-04-2012, 11:06 PM   #28
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[QUOTESo would I, but think we are closer to 2.5% CDs in an era of 6% inflation.][/QUOTE]

Isn't that the truth!!

We just got home from traveling to Florida. EVERY day we got gas, it was up. When we were coming home, it started going up again the first day. The second day it was down in NC, but when we got home it was up again.

We went shopping and the grocery bill was ridiculous. But I'm sure the price of gas is part of the blame for grocery prices.
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