what happens if my broker goes bankrupt?

[UCGal]

[quote=FormerSanDiegan] I’d like to ask Where would you put your cash well above $100k? Stock market is too volatile for certain people. Bonds have a high risk of loosing value if inflation gets on a high gear. Dollar may be bottoming so foreigh currencies are also risky at the moment. Only gold/silver look relative safe. who do you guys think?

Believe it or not, in this type of environment I think it actually makes sense to think about real estate, in addition to gold, oil and holdings in foreign currencies as a hedge against inflation and dollar declines. [/quote]

But what if you want a tad more liquidity than real estate offers?

Does anyone know if cash or money market funds owned through a brokerage covered by SIPC?

[XBoxBoy]

[quote=paranoid]I’d like to ask Where would you put your cash well above $100k? [/quote]

While I’m sure many of the “investors” on this board will object, if you want liquidity, and security of principle I suggest Treasury Direct. The money is fully guaranteed by the US Government, and treasuries can always be sold at a minimal cost. Yeah, the interest rate is chump change these days, and over the long term, inflation will erode your savings. But if you want a place to put money for short term and still have security and liquidity, I think this is about the best.

XBoxBoy

[XBoxBoy]

[quote=paranoid]I’d like to ask Where would you put your cash well above $100k? [/quote]

While I’m sure many of the “investors” on this board will object, if you want liquidity, and security of principle I suggest Treasury Direct. The money is fully guaranteed by the US Government, and treasuries can always be sold at a minimal cost. Yeah, the interest rate is chump change these days, and over the long term, inflation will erode your savings. But if you want a place to put money for short term and still have security and liquidity, I think this is about the best.

XBoxBoy

[XBoxBoy]

[quote=paranoid]I’d like to ask Where would you put your cash well above $100k? [/quote]

While I’m sure many of the “investors” on this board will object, if you want liquidity, and security of principle I suggest Treasury Direct. The money is fully guaranteed by the US Government, and treasuries can always be sold at a minimal cost. Yeah, the interest rate is chump change these days, and over the long term, inflation will erode your savings. But if you want a place to put money for short term and still have security and liquidity, I think this is about the best.

XBoxBoy

[XBoxBoy]

[quote=paranoid]I’d like to ask Where would you put your cash well above $100k? [/quote]

While I’m sure many of the “investors” on this board will object, if you want liquidity, and security of principle I suggest Treasury Direct. The money is fully guaranteed by the US Government, and treasuries can always be sold at a minimal cost. Yeah, the interest rate is chump change these days, and over the long term, inflation will erode your savings. But if you want a place to put money for short term and still have security and liquidity, I think this is about the best.

XBoxBoy

[XBoxBoy]

[quote=paranoid]I’d like to ask Where would you put your cash well above $100k? [/quote]

While I’m sure many of the “investors” on this board will object, if you want liquidity, and security of principle I suggest Treasury Direct. The money is fully guaranteed by the US Government, and treasuries can always be sold at a minimal cost. Yeah, the interest rate is chump change these days, and over the long term, inflation will erode your savings. But if you want a place to put money for short term and still have security and liquidity, I think this is about the best.

XBoxBoy

[(former)FormerSanDiegan]

OK, for liquid cash I think you have to probably go with Treasuries as XboxBoy suggests. But that won’t protect you form excessive inflation or dollar decline. .

Best bet is to put what you absolutely need into secure, liquid assets (e.g. treasuries or spread out across several banks up to FDIC limits) and hedge your bets with a broad set of assets such as gold, real estate, long/short stocks in selected industries/countries.

Not many places to hide with ALL of the following: safety of principal, liquidity, and resistance to inflation/dollar decline.

[(former)FormerSanDiegan]

OK, for liquid cash I think you have to probably go with Treasuries as XboxBoy suggests. But that won’t protect you form excessive inflation or dollar decline. .

Best bet is to put what you absolutely need into secure, liquid assets (e.g. treasuries or spread out across several banks up to FDIC limits) and hedge your bets with a broad set of assets such as gold, real estate, long/short stocks in selected industries/countries.

Not many places to hide with ALL of the following: safety of principal, liquidity, and resistance to inflation/dollar decline.

[(former)FormerSanDiegan]

OK, for liquid cash I think you have to probably go with Treasuries as XboxBoy suggests. But that won’t protect you form excessive inflation or dollar decline. .

Best bet is to put what you absolutely need into secure, liquid assets (e.g. treasuries or spread out across several banks up to FDIC limits) and hedge your bets with a broad set of assets such as gold, real estate, long/short stocks in selected industries/countries.

Not many places to hide with ALL of the following: safety of principal, liquidity, and resistance to inflation/dollar decline.

[(former)FormerSanDiegan]

OK, for liquid cash I think you have to probably go with Treasuries as XboxBoy suggests. But that won’t protect you form excessive inflation or dollar decline. .

Best bet is to put what you absolutely need into secure, liquid assets (e.g. treasuries or spread out across several banks up to FDIC limits) and hedge your bets with a broad set of assets such as gold, real estate, long/short stocks in selected industries/countries.

Not many places to hide with ALL of the following: safety of principal, liquidity, and resistance to inflation/dollar decline.

[(former)FormerSanDiegan]

OK, for liquid cash I think you have to probably go with Treasuries as XboxBoy suggests. But that won’t protect you form excessive inflation or dollar decline. .

Best bet is to put what you absolutely need into secure, liquid assets (e.g. treasuries or spread out across several banks up to FDIC limits) and hedge your bets with a broad set of assets such as gold, real estate, long/short stocks in selected industries/countries.

Not many places to hide with ALL of the following: safety of principal, liquidity, and resistance to inflation/dollar decline.

[Author]

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