Those with savings accounts in here!

[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

[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.

[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

[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

[Author]

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