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Re: [Pen-l] Learned Economists

Max Sawicky
Tue, 31 Aug 2010 09:34:50 -0700

Though depending on the form in which you hold them, when interest rates
spike (very unlikely this year or next, IMO) you could get clobbered.

The absolute safest thing it seems to me -- and anyone who follows my advice
deserves whatever they get -- would be inflation-indexed bonds that you hold
to maturity.  Then at least you preserve whatever you may have.

I welcome the wisdom of those more savvy, which is probably everybody.


On Tue, Aug 31, 2010 at 12:11 PM, Jim Devine <jdevin...@gmail.com> wrote:

> Carl Dassbach wrote:
> >> A practical question: given the uncertainty of the current situation
> world
> >> wide, what should one do with their retirement investments?
>
> Max Sawicky wrote:
> > Batteries, canned food and firearms.
>
> Oh good! I still have those stashed in my fallout shelter.
>
> Seriously, the point is to diversify, with a lot of safe stuff like US
> Treasuries. Don't play the market.
> --
> Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
> way and let people talk.) -- Karl, paraphrasing Dante.
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