Where should you have your money now?

[Dover]

Poll question: Where should you have your money now?

What is the best place to have your money now and WHY?

[MercutioATC]

1. I'd vote Other...small-cap and international stocks and foreign currency

(Euro, Singapore Dollar and Chinese Yuan)


I have the stocks (mutual funds) but not the currency, yet.

[greblc]

2. My pocket.

It's where people with no or little expendable income keep their money.

[alittlelark]

3. We're doing Euros.... for the past 6 mos it is our 2nd best

return, and our highest $$ number.

PS, this is my 5000th post. Wow.

[MercutioATC]

4. How are you buying them?

[alittlelark]

7. I can tell you in a day or so

Hubby deals w/ investments - We discuss what to do, and he deals w/it (he's a Stanford MBA, and NEEDS to do it). He is currently in New Zealand, and is, for all intents and purposes, is WAY out of this loop.

[MercutioATC]

9. I'm interested in how you're holding them...currency or funds...

...if currency, is he buying them there?




I'm looking for an easy way to put about $500 a month into foreign currency without some $10,000 minimum investment....

[alittlelark]

11. I know we threw $150K into them at the outset

....and it was funds. So I'm not sure about smaller investments... but I can find out for you.

[MercutioATC]

13. I'd appreciate it. I'm just looking for a little sideline hedging...

I'm leaving my existing stuff where it is, but I'd ideally like a way to buy Euros and Singapore Dollars in currency without paying a premium just to stash them in a safe deposit box.

[Dover]

5. 5000....Congratulations! Of course that would be like 5500 in Euros.

lol!

[alittlelark]

14. Sad, isn't it.

but true.

[AuntiBush]

10. Congrats!

:) :) :) ;)

Congrats on you're 5000 post!

[alittlelark]

12. Thanks, what a fluke thread to toss it to....

But an important one.

[Indiana_Dem]

6. I've been reading precious metals and commodities.

Commodities mainly because of the developing countries like China and India. They are buying and building big and fast. Also PM because of the falling value of the dollar.

[CAcyclist]

8. Canned goods and a good pocketknife

Seriously, I think the long-term global tendency to deflation may be a more significant risk than inflation, so I think the economy is far more complicated and less able to predict or control than American economists think.

A good investment will still be a good investment, whether it is stocks , real estate or your own business ( that's where I'm investing my money - my business). I don't think people should invest in something they don't understand well just because of what might happen.

[shrike]

15. Anyone have dealings with Everbank?

I've been looking at foreign currency CDs over there (New Zealand, Mexico, South Africa) but am a little timid. Would like to hear others' experiences if possible.

[cms]

16. Me too...

anyone have experience in this matter?