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bsrsharma
Participantcapeman,
I can’t follow your logic very well; but the bottom line is, the FDIC will always give you green pieces of paper for the insured amount, one way or other. What those green papers can buy is a different matter entirely.
BTW, when the treasuries reach 18%, your best bet is to move out of US $. Even consider moving to a non $ locale if possible. There will be far worse things (like social unrest) happening besides inflation then.
Participantcapeman,
I can’t follow your logic very well; but the bottom line is, the FDIC will always give you green pieces of paper for the insured amount, one way or other. What those green papers can buy is a different matter entirely.
BTW, when the treasuries reach 18%, your best bet is to move out of US $. Even consider moving to a non $ locale if possible. There will be far worse things (like social unrest) happening besides inflation then.
Participantcapeman,
I can’t follow your logic very well; but the bottom line is, the FDIC will always give you green pieces of paper for the insured amount, one way or other. What those green papers can buy is a different matter entirely.
BTW, when the treasuries reach 18%, your best bet is to move out of US $. Even consider moving to a non $ locale if possible. There will be far worse things (like social unrest) happening besides inflation then.
Participantcapeman,
I can’t follow your logic very well; but the bottom line is, the FDIC will always give you green pieces of paper for the insured amount, one way or other. What those green papers can buy is a different matter entirely.
BTW, when the treasuries reach 18%, your best bet is to move out of US $. Even consider moving to a non $ locale if possible. There will be far worse things (like social unrest) happening besides inflation then.
Participantcapeman,
I can’t follow your logic very well; but the bottom line is, the FDIC will always give you green pieces of paper for the insured amount, one way or other. What those green papers can buy is a different matter entirely.
BTW, when the treasuries reach 18%, your best bet is to move out of US $. Even consider moving to a non $ locale if possible. There will be far worse things (like social unrest) happening besides inflation then.
ParticipantMeans nothing.
If you want to be a worry wart, start looking at the bond rates like here: http://finance.yahoo.com/bonds
As long as you don’t see double digits, US treasury is not yet bankrupt and can borrow to replenish FDIC.
If you start seeing double digits, it is “red alert” time and you should convert your $ to other currencies or assets since the money will be rapidly losing value.
(Last time this “red alert” was reached was during 1979-85 see http://finance.yahoo.com/q/hp?s=^TYX&a=01&b=15&c=1977&d=07&e=25&f=2009&g=m&z=66&y=0 )
ParticipantMeans nothing.
If you want to be a worry wart, start looking at the bond rates like here: http://finance.yahoo.com/bonds
As long as you don’t see double digits, US treasury is not yet bankrupt and can borrow to replenish FDIC.
If you start seeing double digits, it is “red alert” time and you should convert your $ to other currencies or assets since the money will be rapidly losing value.
(Last time this “red alert” was reached was during 1979-85 see http://finance.yahoo.com/q/hp?s=^TYX&a=01&b=15&c=1977&d=07&e=25&f=2009&g=m&z=66&y=0 )
ParticipantMeans nothing.
If you want to be a worry wart, start looking at the bond rates like here: http://finance.yahoo.com/bonds
As long as you don’t see double digits, US treasury is not yet bankrupt and can borrow to replenish FDIC.
If you start seeing double digits, it is “red alert” time and you should convert your $ to other currencies or assets since the money will be rapidly losing value.
(Last time this “red alert” was reached was during 1979-85 see http://finance.yahoo.com/q/hp?s=^TYX&a=01&b=15&c=1977&d=07&e=25&f=2009&g=m&z=66&y=0 )
ParticipantMeans nothing.
If you want to be a worry wart, start looking at the bond rates like here: http://finance.yahoo.com/bonds
As long as you don’t see double digits, US treasury is not yet bankrupt and can borrow to replenish FDIC.
If you start seeing double digits, it is “red alert” time and you should convert your $ to other currencies or assets since the money will be rapidly losing value.
(Last time this “red alert” was reached was during 1979-85 see http://finance.yahoo.com/q/hp?s=^TYX&a=01&b=15&c=1977&d=07&e=25&f=2009&g=m&z=66&y=0 )
ParticipantMeans nothing.
If you want to be a worry wart, start looking at the bond rates like here: http://finance.yahoo.com/bonds
As long as you don’t see double digits, US treasury is not yet bankrupt and can borrow to replenish FDIC.
If you start seeing double digits, it is “red alert” time and you should convert your $ to other currencies or assets since the money will be rapidly losing value.
(Last time this “red alert” was reached was during 1979-85 see http://finance.yahoo.com/q/hp?s=^TYX&a=01&b=15&c=1977&d=07&e=25&f=2009&g=m&z=66&y=0 )
ParticipantWe had a sloped backyard in the house we owned and I figured it would be profitable to put a retaining wall and fill during the bubble years. The same project, though, may not make sense in the current market. Besides, we had to contend with a (possibly uncooperative) HOA.
I think you should start by asking what will you do with a flat backyard. If you are adding a room etc., it may be worthwhile. A garden may not pencil out. If you are planning construction, a good architect may design a structure that hugs the slope nicely and avoids the need to fill.
ParticipantWe had a sloped backyard in the house we owned and I figured it would be profitable to put a retaining wall and fill during the bubble years. The same project, though, may not make sense in the current market. Besides, we had to contend with a (possibly uncooperative) HOA.
I think you should start by asking what will you do with a flat backyard. If you are adding a room etc., it may be worthwhile. A garden may not pencil out. If you are planning construction, a good architect may design a structure that hugs the slope nicely and avoids the need to fill.
ParticipantWe had a sloped backyard in the house we owned and I figured it would be profitable to put a retaining wall and fill during the bubble years. The same project, though, may not make sense in the current market. Besides, we had to contend with a (possibly uncooperative) HOA.
I think you should start by asking what will you do with a flat backyard. If you are adding a room etc., it may be worthwhile. A garden may not pencil out. If you are planning construction, a good architect may design a structure that hugs the slope nicely and avoids the need to fill.
ParticipantWe had a sloped backyard in the house we owned and I figured it would be profitable to put a retaining wall and fill during the bubble years. The same project, though, may not make sense in the current market. Besides, we had to contend with a (possibly uncooperative) HOA.
I think you should start by asking what will you do with a flat backyard. If you are adding a room etc., it may be worthwhile. A garden may not pencil out. If you are planning construction, a good architect may design a structure that hugs the slope nicely and avoids the need to fill.
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