Have Savings, want to match inflation at the very least.
I'm looking to build up to 100k in savings in a short period of time. Where do I put this stuff? CD's are at zero for pretty much the next decade, equities are shit-tastic and looking at my dad's 401k makes me very hesitant toward that route. Bond funds are also bad, they're at their max possible values.
So what could I invest in that keeps me tracking inflation at the very least. I want to avoid funds, I have a strong dislike for bond funds that trade like stocks ( it kind of defeats the purpose ).
put a downpayment on a house.
Retirement account, invest in TIPS.
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I'm always hesitant on gold. Unless you know how to value it I would recommend against it. There are some TIPS mutual funds I would look into if I were in your shoes. Equities in the long run are still a better bet than these though.
I agree. I'll probably start investing x% and take 10% of that x% and put it in either energy or multinationals ( MCD, JNJ, PG ).
How much cash do you guys recommend keeping on hand at all times? 2X remaining annual rent?
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