Where to "Park" a decent sum of cash?

Discussion in 'Strategy Building' started by goforwand, Aug 17, 2003.

  1. Open a futures account and park it in tbills.
     
    #31     Aug 18, 2003
  2. bro59

    bro59

    This gets my vote. Add a $200 shotgun and you'll have the best security you can provide, which is a lot better than what a lot of guys in armani suits can get ya'. You could also wrap it in plastic and freeze it in sausage, but it prolly sleeps better than it tastes. Hokey but effective.
     
    #32     Aug 19, 2003
  3. tax liens
     
    #33     Aug 19, 2003
  4. a very good idea
     
    #34     Aug 19, 2003
  5. A good idea indeed, but requires work. You gotta research the right property and it's tough to actually get to the bidding process.
     
    #35     Aug 19, 2003
  6. selling these today into strength. they have run up to a premium to nav. will buy back at a discount to nav.
     
    #36     Aug 28, 2003
  7. I'm not into them, but I saw a note recently about new GE bonds @ 7 1/4% - so you might check around for decent quality corporate debt as a place to stash the cash to see if it conforms to your needs.
     
    #37     Aug 28, 2003