Those with savings accounts in here!

[GoUSC]

So I have a pretty sizable amount of money sitting in savings accounts with HSBC & ING early ~4.5%. If (when) the FED lowers rates .50% (or more) the end of this month I am going to be in a difficult situation. Now my money will be returning less than inflation which really pisses me off.

Anyone else in that situation? What are you going to do?

[snail]

I already gave up and went to the dark side with foreign currency and gold. Personally not really comfortable with foreign currency but don’t have any option with the prediction of more rate cut (Ben will definitely cut more before the end 2008). Check Australian $, good rate and stability (actually appreciation vs. US$), I don’t have any but want to add it into my portfolio. I am just steaming at the FED right now…these people suppose to protect our interest

[snail]

I already gave up and went to the dark side with foreign currency and gold. Personally not really comfortable with foreign currency but don’t have any option with the prediction of more rate cut (Ben will definitely cut more before the end 2008). Check Australian $, good rate and stability (actually appreciation vs. US$), I don’t have any but want to add it into my portfolio. I am just steaming at the FED right now…these people suppose to protect our interest

[snail]

I already gave up and went to the dark side with foreign currency and gold. Personally not really comfortable with foreign currency but don’t have any option with the prediction of more rate cut (Ben will definitely cut more before the end 2008). Check Australian $, good rate and stability (actually appreciation vs. US$), I don’t have any but want to add it into my portfolio. I am just steaming at the FED right now…these people suppose to protect our interest

[snail]

I already gave up and went to the dark side with foreign currency and gold. Personally not really comfortable with foreign currency but don’t have any option with the prediction of more rate cut (Ben will definitely cut more before the end 2008). Check Australian $, good rate and stability (actually appreciation vs. US$), I don’t have any but want to add it into my portfolio. I am just steaming at the FED right now…these people suppose to protect our interest

[snail]

I already gave up and went to the dark side with foreign currency and gold. Personally not really comfortable with foreign currency but don’t have any option with the prediction of more rate cut (Ben will definitely cut more before the end 2008). Check Australian $, good rate and stability (actually appreciation vs. US$), I don’t have any but want to add it into my portfolio. I am just steaming at the FED right now…these people suppose to protect our interest

[Raybyrnes]

You could look at Treasury that are indexed to the inflation rates. Preet safe bet there. I would also think taxes. You are paying taxes on MMA anyway so you were already behind the inflation rate. You may want to consider looking at a California Municipal Bond Bond. I like the American Funds as a solid mutual company and if you have over 100K you begin to get break point on the load.

Also if you purchased CD’s see if ther is a bump or add on provision. I bpurchased CD’s from WAMU and it had an add on provision. F

For instance you put 10K into 9 CD at 5.45%. Now that the Rates on MMA are adjusting I have the option of adding up to an addional 10K into my orginal CD accoutn at the 5.45%. You may want to see if you CD’s have that option. I know mine do.

[Rich Toscano]

Here’s an article I wrote about this topic (a year ago almost to the day): http://pcasd.com/cash_not_as_safe_as_it_seems

Maybe some helpful ideas in there. Good luck. With our dysfunctional modern monetary system, you have to pick your poison: it’s purchasing power risk or market risk. There is no truly safe place to hide.

I have some thoughts about TIPS and munis but can’t really talk on this forum about specific investments… feel free to email me though, rtoscano at pcasd dot com.

rich

[Rich Toscano]

Here’s an article I wrote about this topic (a year ago almost to the day): http://pcasd.com/cash_not_as_safe_as_it_seems

Maybe some helpful ideas in there. Good luck. With our dysfunctional modern monetary system, you have to pick your poison: it’s purchasing power risk or market risk. There is no truly safe place to hide.

I have some thoughts about TIPS and munis but can’t really talk on this forum about specific investments… feel free to email me though, rtoscano at pcasd dot com.

rich

[Rich Toscano]

Here’s an article I wrote about this topic (a year ago almost to the day): http://pcasd.com/cash_not_as_safe_as_it_seems

Maybe some helpful ideas in there. Good luck. With our dysfunctional modern monetary system, you have to pick your poison: it’s purchasing power risk or market risk. There is no truly safe place to hide.

I have some thoughts about TIPS and munis but can’t really talk on this forum about specific investments… feel free to email me though, rtoscano at pcasd dot com.

rich

[Rich Toscano]

Here’s an article I wrote about this topic (a year ago almost to the day): http://pcasd.com/cash_not_as_safe_as_it_seems

Maybe some helpful ideas in there. Good luck. With our dysfunctional modern monetary system, you have to pick your poison: it’s purchasing power risk or market risk. There is no truly safe place to hide.

I have some thoughts about TIPS and munis but can’t really talk on this forum about specific investments… feel free to email me though, rtoscano at pcasd dot com.

rich

[Rich Toscano]

Here’s an article I wrote about this topic (a year ago almost to the day): http://pcasd.com/cash_not_as_safe_as_it_seems

Maybe some helpful ideas in there. Good luck. With our dysfunctional modern monetary system, you have to pick your poison: it’s purchasing power risk or market risk. There is no truly safe place to hide.

I have some thoughts about TIPS and munis but can’t really talk on this forum about specific investments… feel free to email me though, rtoscano at pcasd dot com.

rich

[Raybyrnes]

You could look at Treasury that are indexed to the inflation rates. Preet safe bet there. I would also think taxes. You are paying taxes on MMA anyway so you were already behind the inflation rate. You may want to consider looking at a California Municipal Bond Bond. I like the American Funds as a solid mutual company and if you have over 100K you begin to get break point on the load.

Also if you purchased CD’s see if ther is a bump or add on provision. I bpurchased CD’s from WAMU and it had an add on provision. F

For instance you put 10K into 9 CD at 5.45%. Now that the Rates on MMA are adjusting I have the option of adding up to an addional 10K into my orginal CD accoutn at the 5.45%. You may want to see if you CD’s have that option. I know mine do.

[Raybyrnes]

You could look at Treasury that are indexed to the inflation rates. Preet safe bet there. I would also think taxes. You are paying taxes on MMA anyway so you were already behind the inflation rate. You may want to consider looking at a California Municipal Bond Bond. I like the American Funds as a solid mutual company and if you have over 100K you begin to get break point on the load.

Also if you purchased CD’s see if ther is a bump or add on provision. I bpurchased CD’s from WAMU and it had an add on provision. F

For instance you put 10K into 9 CD at 5.45%. Now that the Rates on MMA are adjusting I have the option of adding up to an addional 10K into my orginal CD accoutn at the 5.45%. You may want to see if you CD’s have that option. I know mine do.

[Raybyrnes]

You could look at Treasury that are indexed to the inflation rates. Preet safe bet there. I would also think taxes. You are paying taxes on MMA anyway so you were already behind the inflation rate. You may want to consider looking at a California Municipal Bond Bond. I like the American Funds as a solid mutual company and if you have over 100K you begin to get break point on the load.

Also if you purchased CD’s see if ther is a bump or add on provision. I bpurchased CD’s from WAMU and it had an add on provision. F

For instance you put 10K into 9 CD at 5.45%. Now that the Rates on MMA are adjusting I have the option of adding up to an addional 10K into my orginal CD accoutn at the 5.45%. You may want to see if you CD’s have that option. I know mine do.

[Raybyrnes]

You could look at Treasury that are indexed to the inflation rates. Preet safe bet there. I would also think taxes. You are paying taxes on MMA anyway so you were already behind the inflation rate. You may want to consider looking at a California Municipal Bond Bond. I like the American Funds as a solid mutual company and if you have over 100K you begin to get break point on the load.

Also if you purchased CD’s see if ther is a bump or add on provision. I bpurchased CD’s from WAMU and it had an add on provision. F

For instance you put 10K into 9 CD at 5.45%. Now that the Rates on MMA are adjusting I have the option of adding up to an addional 10K into my orginal CD accoutn at the 5.45%. You may want to see if you CD’s have that option. I know mine do.

[alarmclock]

Maybe you should consider mortage backed securities. These pay about 1-2% better than the best bank rates. They spread out the risk across multiple mortgages so you are safe — there’s basically no chance that mutiple mortgages will default everywhere. If you look historically, you can see that people would rather skip food and credit cards than fall behind on their mortgage. Lastly, you can balance your risk/return by getting the “tranche” that matches your investment goals, they go from AAA (basically good-as-gold) down to B grade.

[VoZangre]

Alarm clock….

are you on snooze?

the hungry Piggies will likely grunt their collective ridicule…

ciao for now…

Voz

[VoZangre]

Alarm clock….

are you on snooze?

the hungry Piggies will likely grunt their collective ridicule…

ciao for now…

Voz

[VoZangre]

Alarm clock….

are you on snooze?

the hungry Piggies will likely grunt their collective ridicule…

ciao for now…

Voz

[VoZangre]

Alarm clock….

are you on snooze?

the hungry Piggies will likely grunt their collective ridicule…

ciao for now…

Voz

[VoZangre]

Alarm clock….

are you on snooze?

the hungry Piggies will likely grunt their collective ridicule…

ciao for now…

Voz

[ucodegen]

@alarmclock

Maybe you should consider mortage backed securities. These pay about 1-2% better than the best bank rates. They spread out the risk across multiple mortgages so you are safe — there’s basically no chance that mutiple mortgages will default everywhere.

snicker… snicker….

BWAHHAHAHAHAHAHAH!!!

couldn’t contain myself.. sorry.

Ok alarmclock, you can hit snooze and go back to sleep now..

[ucodegen]

@alarmclock

Maybe you should consider mortage backed securities. These pay about 1-2% better than the best bank rates. They spread out the risk across multiple mortgages so you are safe — there’s basically no chance that mutiple mortgages will default everywhere.

snicker… snicker….

BWAHHAHAHAHAHAHAH!!!

couldn’t contain myself.. sorry.

Ok alarmclock, you can hit snooze and go back to sleep now..

[ucodegen]

@alarmclock

Maybe you should consider mortage backed securities. These pay about 1-2% better than the best bank rates. They spread out the risk across multiple mortgages so you are safe — there’s basically no chance that mutiple mortgages will default everywhere.

snicker… snicker….

BWAHHAHAHAHAHAHAH!!!

couldn’t contain myself.. sorry.

Ok alarmclock, you can hit snooze and go back to sleep now..

[ucodegen]

@alarmclock

Maybe you should consider mortage backed securities. These pay about 1-2% better than the best bank rates. They spread out the risk across multiple mortgages so you are safe — there’s basically no chance that mutiple mortgages will default everywhere.

snicker… snicker….

BWAHHAHAHAHAHAHAH!!!

couldn’t contain myself.. sorry.

Ok alarmclock, you can hit snooze and go back to sleep now..

[ucodegen]

@alarmclock

Maybe you should consider mortage backed securities. These pay about 1-2% better than the best bank rates. They spread out the risk across multiple mortgages so you are safe — there’s basically no chance that mutiple mortgages will default everywhere.

snicker… snicker….

BWAHHAHAHAHAHAHAH!!!

couldn’t contain myself.. sorry.

Ok alarmclock, you can hit snooze and go back to sleep now..

[alarmclock]

Maybe you should consider mortage backed securities. These pay about 1-2% better than the best bank rates. They spread out the risk across multiple mortgages so you are safe — there’s basically no chance that mutiple mortgages will default everywhere. If you look historically, you can see that people would rather skip food and credit cards than fall behind on their mortgage. Lastly, you can balance your risk/return by getting the “tranche” that matches your investment goals, they go from AAA (basically good-as-gold) down to B grade.

[alarmclock]

Maybe you should consider mortage backed securities. These pay about 1-2% better than the best bank rates. They spread out the risk across multiple mortgages so you are safe — there’s basically no chance that mutiple mortgages will default everywhere. If you look historically, you can see that people would rather skip food and credit cards than fall behind on their mortgage. Lastly, you can balance your risk/return by getting the “tranche” that matches your investment goals, they go from AAA (basically good-as-gold) down to B grade.

[alarmclock]

Maybe you should consider mortage backed securities. These pay about 1-2% better than the best bank rates. They spread out the risk across multiple mortgages so you are safe — there’s basically no chance that mutiple mortgages will default everywhere. If you look historically, you can see that people would rather skip food and credit cards than fall behind on their mortgage. Lastly, you can balance your risk/return by getting the “tranche” that matches your investment goals, they go from AAA (basically good-as-gold) down to B grade.

[alarmclock]

Maybe you should consider mortage backed securities. These pay about 1-2% better than the best bank rates. They spread out the risk across multiple mortgages so you are safe — there’s basically no chance that mutiple mortgages will default everywhere. If you look historically, you can see that people would rather skip food and credit cards than fall behind on their mortgage. Lastly, you can balance your risk/return by getting the “tranche” that matches your investment goals, they go from AAA (basically good-as-gold) down to B grade.

[Running Bear]

Radelow,

I am in foreign currencies for some of my cash accounts but before doing that I highly recommend understanding what drives the values.

If we head into a short or mild recession what you see going on now will continue and being out of the dollar would serve you well. Pick a currency like the Aussie$ that has a high interest rate and you will be happy. (I own some)

However, if this downturn goes the way I believe it will, those same currencies will get punished. If you have been watching the Yen and how it is getting stronger, this is a sign the yen carry trade is unwinding. If it unwinds you will see strength in the yen but also the US dollar and most of the speculative (high interest rate) currencies will take a beating. The dollar is still the reserve currency of the world and if we see major market dislocations around the world, people will come back to the dollar eventually.(run home to momma)

There is too much here to go into to try and explain the currency markets and I certainly have only a very small grasp of it myself. Bottom line, if you are going to buy the speculative currencies you need to watch them like a hawk and know when to exit. If you believe we are headed for more pain and the yen carry trade will unwind, having some Yen isn’t a bad idea.

My2Cents

[cr]

Voz, I think (hope) he’s joking. Right alarm clock?

You’d be better off hiding your money under your matress, and you’d probably gain more on it than in an MBS. The BS is in there for a reason.

[cr]

Voz, I think (hope) he’s joking. Right alarm clock?

You’d be better off hiding your money under your matress, and you’d probably gain more on it than in an MBS. The BS is in there for a reason.

[cr]

Voz, I think (hope) he’s joking. Right alarm clock?

You’d be better off hiding your money under your matress, and you’d probably gain more on it than in an MBS. The BS is in there for a reason.

[cr]

Voz, I think (hope) he’s joking. Right alarm clock?

You’d be better off hiding your money under your matress, and you’d probably gain more on it than in an MBS. The BS is in there for a reason.

[cr]

Voz, I think (hope) he’s joking. Right alarm clock?

You’d be better off hiding your money under your matress, and you’d probably gain more on it than in an MBS. The BS is in there for a reason.

[Running Bear]

Radelow,

I am in foreign currencies for some of my cash accounts but before doing that I highly recommend understanding what drives the values.

If we head into a short or mild recession what you see going on now will continue and being out of the dollar would serve you well. Pick a currency like the Aussie$ that has a high interest rate and you will be happy. (I own some)

However, if this downturn goes the way I believe it will, those same currencies will get punished. If you have been watching the Yen and how it is getting stronger, this is a sign the yen carry trade is unwinding. If it unwinds you will see strength in the yen but also the US dollar and most of the speculative (high interest rate) currencies will take a beating. The dollar is still the reserve currency of the world and if we see major market dislocations around the world, people will come back to the dollar eventually.(run home to momma)

There is too much here to go into to try and explain the currency markets and I certainly have only a very small grasp of it myself. Bottom line, if you are going to buy the speculative currencies you need to watch them like a hawk and know when to exit. If you believe we are headed for more pain and the yen carry trade will unwind, having some Yen isn’t a bad idea.

My2Cents

[Running Bear]

Radelow,

I am in foreign currencies for some of my cash accounts but before doing that I highly recommend understanding what drives the values.

If we head into a short or mild recession what you see going on now will continue and being out of the dollar would serve you well. Pick a currency like the Aussie$ that has a high interest rate and you will be happy. (I own some)

However, if this downturn goes the way I believe it will, those same currencies will get punished. If you have been watching the Yen and how it is getting stronger, this is a sign the yen carry trade is unwinding. If it unwinds you will see strength in the yen but also the US dollar and most of the speculative (high interest rate) currencies will take a beating. The dollar is still the reserve currency of the world and if we see major market dislocations around the world, people will come back to the dollar eventually.(run home to momma)

There is too much here to go into to try and explain the currency markets and I certainly have only a very small grasp of it myself. Bottom line, if you are going to buy the speculative currencies you need to watch them like a hawk and know when to exit. If you believe we are headed for more pain and the yen carry trade will unwind, having some Yen isn’t a bad idea.

My2Cents

[Running Bear]

Radelow,

I am in foreign currencies for some of my cash accounts but before doing that I highly recommend understanding what drives the values.

If we head into a short or mild recession what you see going on now will continue and being out of the dollar would serve you well. Pick a currency like the Aussie$ that has a high interest rate and you will be happy. (I own some)

However, if this downturn goes the way I believe it will, those same currencies will get punished. If you have been watching the Yen and how it is getting stronger, this is a sign the yen carry trade is unwinding. If it unwinds you will see strength in the yen but also the US dollar and most of the speculative (high interest rate) currencies will take a beating. The dollar is still the reserve currency of the world and if we see major market dislocations around the world, people will come back to the dollar eventually.(run home to momma)

There is too much here to go into to try and explain the currency markets and I certainly have only a very small grasp of it myself. Bottom line, if you are going to buy the speculative currencies you need to watch them like a hawk and know when to exit. If you believe we are headed for more pain and the yen carry trade will unwind, having some Yen isn’t a bad idea.

My2Cents

[Running Bear]

Radelow,

I am in foreign currencies for some of my cash accounts but before doing that I highly recommend understanding what drives the values.

If we head into a short or mild recession what you see going on now will continue and being out of the dollar would serve you well. Pick a currency like the Aussie$ that has a high interest rate and you will be happy. (I own some)

However, if this downturn goes the way I believe it will, those same currencies will get punished. If you have been watching the Yen and how it is getting stronger, this is a sign the yen carry trade is unwinding. If it unwinds you will see strength in the yen but also the US dollar and most of the speculative (high interest rate) currencies will take a beating. The dollar is still the reserve currency of the world and if we see major market dislocations around the world, people will come back to the dollar eventually.(run home to momma)

There is too much here to go into to try and explain the currency markets and I certainly have only a very small grasp of it myself. Bottom line, if you are going to buy the speculative currencies you need to watch them like a hawk and know when to exit. If you believe we are headed for more pain and the yen carry trade will unwind, having some Yen isn’t a bad idea.

My2Cents

[Running Bear]

Didn’t see the comment before but I would highly recommend staying away from CA municipal bonds. I believe these are going to get killed in the future. Don’t throw your money away.

http://lansner.freedomblogging.com/2008/01/11/unpaid-oc-property-taxes-soar-48/

[Running Bear]

Didn’t see the comment before but I would highly recommend staying away from CA municipal bonds. I believe these are going to get killed in the future. Don’t throw your money away.

http://lansner.freedomblogging.com/2008/01/11/unpaid-oc-property-taxes-soar-48/

[Running Bear]

Didn’t see the comment before but I would highly recommend staying away from CA municipal bonds. I believe these are going to get killed in the future. Don’t throw your money away.

http://lansner.freedomblogging.com/2008/01/11/unpaid-oc-property-taxes-soar-48/

[Running Bear]

Didn’t see the comment before but I would highly recommend staying away from CA municipal bonds. I believe these are going to get killed in the future. Don’t throw your money away.

http://lansner.freedomblogging.com/2008/01/11/unpaid-oc-property-taxes-soar-48/

[Running Bear]

Didn’t see the comment before but I would highly recommend staying away from CA municipal bonds. I believe these are going to get killed in the future. Don’t throw your money away.

http://lansner.freedomblogging.com/2008/01/11/unpaid-oc-property-taxes-soar-48/

[Author]

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