Repairmanjack
Dryer sheet aficionado
- Joined
- Oct 7, 2005
- Messages
- 34
Hi all!
I have a desire to hash out opinions on what to do after you take your money out of the (US) market.
My husband and I are very concerned about what is happening in the US. We have no confidence that the market will not take a nose dive going forward. We have also decided that we no longer need to take market risk. We have been careful with our investments and have enough to last us going forward. I retired (at 47) and my husband has about 8 more years to work if the airline he works for stays solvant.
But, there is still inflation, the dollar dropping in value and such to be concerned about. Massive inflation, for example, could hurt us.
So, we are thinking about what to do from here. The Everbank index CD's with a mix of 4 foreign currencies seems one possible place to put some money. Gold and silver another. Maybe some TIPS, although that concerns me. I thought about a World Bond Fund. Even buying land in another country.
Is anyone else in the same situation? I used to be so confident with my investing skills, but with the new administration I feel like all bets are off.
Thanks for any discussion!
I have a desire to hash out opinions on what to do after you take your money out of the (US) market.
My husband and I are very concerned about what is happening in the US. We have no confidence that the market will not take a nose dive going forward. We have also decided that we no longer need to take market risk. We have been careful with our investments and have enough to last us going forward. I retired (at 47) and my husband has about 8 more years to work if the airline he works for stays solvant.
But, there is still inflation, the dollar dropping in value and such to be concerned about. Massive inflation, for example, could hurt us.
So, we are thinking about what to do from here. The Everbank index CD's with a mix of 4 foreign currencies seems one possible place to put some money. Gold and silver another. Maybe some TIPS, although that concerns me. I thought about a World Bond Fund. Even buying land in another country.
Is anyone else in the same situation? I used to be so confident with my investing skills, but with the new administration I feel like all bets are off.
Thanks for any discussion!