Discussion in 'Stocks' started by BA736, Oct 20, 2007.
heating oil futures.....6 months ago..
Be wary of 'one-way' forex bets, euro official warns. Jean-Claude Juncker of Luxembourg, who heads a group of finance ministers from the nations that participate in the European single currency, said ministers and bankers took note of remarks by Treasury Secretary Henry Paulson that a stronger dollar is in the interests of the United States.
I try to keep my cash in the Stripers G-string
A euro savingsaccount. It yields only 2.75%.
Which reminds me, I must find a better deal
If you have any and can become a member, usually your local credit unions will have better rates and terms on CD's.
during the great despression, gold (and expecially gold mining stocks) did very well.
You can get gold mining stock ETDs (like XAU) and also funds.
TreasuryDirect... purchase and hold 3-Month US T-Bills electronically. The safest and most liquid cash investment vehicle available imo...
Buy some GOLDBARS and wrap them up nicely and bury them under a flower bed. That is your best hedge against economy. Don't forget to Mark it with a stone etc.
Money market accounts are not cash. They have risk, and the extra interest you earn is *pathetic* and definitely not worth it.
Cash = t-bills, or fully insured bank accounts. That's it.
Separate names with a comma.