Home › Forums › Financial Markets/Economics › where to park a couple of hundred grand
- This topic has 85 replies, 12 voices, and was last updated 15 years, 9 months ago by UCGal.
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February 19, 2009 at 8:32 AM #350085February 19, 2009 at 8:47 AM #350062peterbParticipant
You’re welcome. Keep your cash close and safe. The US$ will eventually be debased as that’s the only way the govt can get out of the absolute mess it’s in. But it will gain purchasing power before that happens. IMO. As I mentioned earlier, 3rd post from the top. Gold and silver are now being treated like real money by the world. Consider the physical and the producing miners. I think they will be the new power.
February 19, 2009 at 8:47 AM #350194peterbParticipantYou’re welcome. Keep your cash close and safe. The US$ will eventually be debased as that’s the only way the govt can get out of the absolute mess it’s in. But it will gain purchasing power before that happens. IMO. As I mentioned earlier, 3rd post from the top. Gold and silver are now being treated like real money by the world. Consider the physical and the producing miners. I think they will be the new power.
February 19, 2009 at 8:47 AM #350095peterbParticipantYou’re welcome. Keep your cash close and safe. The US$ will eventually be debased as that’s the only way the govt can get out of the absolute mess it’s in. But it will gain purchasing power before that happens. IMO. As I mentioned earlier, 3rd post from the top. Gold and silver are now being treated like real money by the world. Consider the physical and the producing miners. I think they will be the new power.
February 19, 2009 at 8:47 AM #349620peterbParticipantYou’re welcome. Keep your cash close and safe. The US$ will eventually be debased as that’s the only way the govt can get out of the absolute mess it’s in. But it will gain purchasing power before that happens. IMO. As I mentioned earlier, 3rd post from the top. Gold and silver are now being treated like real money by the world. Consider the physical and the producing miners. I think they will be the new power.
February 19, 2009 at 8:47 AM #349936peterbParticipantYou’re welcome. Keep your cash close and safe. The US$ will eventually be debased as that’s the only way the govt can get out of the absolute mess it’s in. But it will gain purchasing power before that happens. IMO. As I mentioned earlier, 3rd post from the top. Gold and silver are now being treated like real money by the world. Consider the physical and the producing miners. I think they will be the new power.
February 19, 2009 at 10:03 AM #350117UCGalParticipant[quote=socrattt]I am puzzled why gold or silver isn’t mentioned here.[/quote]
I think it’s because the OP says:
With the one criteria that the funds be kept safe, what are your suggestions?That implies principal protection is a key goal. While you may be right about the growth potential for your investment choices… you might be wrong also.
Hence the suggestions for FDIC insured funds.
February 19, 2009 at 10:03 AM #350150UCGalParticipant[quote=socrattt]I am puzzled why gold or silver isn’t mentioned here.[/quote]
I think it’s because the OP says:
With the one criteria that the funds be kept safe, what are your suggestions?That implies principal protection is a key goal. While you may be right about the growth potential for your investment choices… you might be wrong also.
Hence the suggestions for FDIC insured funds.
February 19, 2009 at 10:03 AM #349675UCGalParticipant[quote=socrattt]I am puzzled why gold or silver isn’t mentioned here.[/quote]
I think it’s because the OP says:
With the one criteria that the funds be kept safe, what are your suggestions?That implies principal protection is a key goal. While you may be right about the growth potential for your investment choices… you might be wrong also.
Hence the suggestions for FDIC insured funds.
February 19, 2009 at 10:03 AM #349993UCGalParticipant[quote=socrattt]I am puzzled why gold or silver isn’t mentioned here.[/quote]
I think it’s because the OP says:
With the one criteria that the funds be kept safe, what are your suggestions?That implies principal protection is a key goal. While you may be right about the growth potential for your investment choices… you might be wrong also.
Hence the suggestions for FDIC insured funds.
February 19, 2009 at 10:03 AM #350249UCGalParticipant[quote=socrattt]I am puzzled why gold or silver isn’t mentioned here.[/quote]
I think it’s because the OP says:
With the one criteria that the funds be kept safe, what are your suggestions?That implies principal protection is a key goal. While you may be right about the growth potential for your investment choices… you might be wrong also.
Hence the suggestions for FDIC insured funds.
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