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Bonds and CD's are a joke, you make money as a debt holder when rates go down - 0 to negative inrerest after inflation except Spain, Geece and CA, only way for rates to go is up, there already at 0 best case possiable is kissing your sister?
Frankly your best spot for safety of principal is Gold/silver - physical not paper. It also has the best potential for a return at this time and if the chit really hits the fan you may need to go have a chat with her, stay on her good side LOL
I've been in the fiancial business the last 30 yrs, I don't see anywhere thats better than 50/50 upside, most much more downside risk than that. JMHO
You are assuming you will still be around and able to replay the $5000. Bad planning.
good point Mister, I made in my post as well
5K is really hard to diversify.
Leaving Florida... take a developer with you!
If I'm not around in 5 years, she's well taken care of. Thanks for being positive though.
:rolleyes
This is exactly what I'm thinking.
:grin
"They are among the most dangerous of assets," Buffett wrote, "Over the past century these instruments have destroyed the purchasing power of investors in many countries."
To prove his point Buffett labeled inflation as the primary threat to bond investors, noting it takes no less than $7 today to buy what $1 did in 1965.
Do you have anything, anything at all positive to add to this thread? You've been pretty grumpy all day.
A southeast Florida laid back beach bum and volunteer bikini assessor who lives on island time.
as far a stocks find a market/industry doing well and find a company showing growing earnings - good luck with that, except as mentioned
frankly unless you just do gold I wouldn't do anything and give her at least 5K less inflation rather than having to kick in 1500 or something for the difference. I would be terrified right now if I had a 401 that had to stay in and try and hide it.
Garmin might be an idea - no debt, still makes money and pays a dividend, it will come back/hold up because of that even if it everything gets whacked - XON Exxon an oil/commodity based vehicle would work too - more fun too than a fund
I have spend the last 25 years investing my own money, some personally, some professionally managed. I have make many mistakes, some personally, some trusting others (professionals) to do the right thing. I have no idea how much it has ultimately cost me, but it's not an insignificant number. I am passing on what I learned at considerable cost. Take or not, it's better advice that your plan.
I will also offer to sent this book to you free of charge. I have read parts of it several times, and many times struggled to learn, but at the end of the day, it you read this book, plus others, you will learn more than reading Atlas Shrugged a million times. Bogle founded Vanguard and has much to say. IM me your name and address and it is yours for free, I will pay shipping.