Any Savvy Investors?

[Jase]

hmmm indeed.

[TheSaint]

is it sheltered or exposed?

i dont know. explain where you are going with the ?

same guy is also trying to figure out a way to short the bond market.

[CLTPanther]

You can short the bond market through ETFs if you want, but ETFs can be dangerous, especially leveraged ETFs because the compound daily and you can really get hammered. This was just posted on CNBC. Seems like the writing is on the wall for the financial sector, GTFO!

The New York Federal Reserve Bank is part of a consortium of eight large institutional investment firms that is suing Bank of America over failures related to mortgage securities, CNBC confirmed Tuesday.

Bloomberg reported earlier Tuesday that the New York Fed had joined with the Pacific Investment Management Company, better known as Pimco, and investment management firm BlackRock in an attempt to force BofA to buy back $47 billion in mortgage bonds.

http://www.cnbc.com/id/39745128

This is just for BoA alone.

[TheRealDeal]

Been holding a lot of cash in my 401k for about 2 months now to avoid volatility except for high yeild US corp bonds, which are returing about 9%. I have a brokerage option in my 401k, so I can buy individual stocks, bonds, overseas stuff, ETFs, whatever. I have a lot of cash sitting in the VBO, but I can't decide how to put it to work. Rather than lose purchasing power, I'd rather get it yielding something, but I'm not going to bother with anything less than 5%. On that front, the only thing really yielding that high are muni bonds from CA and TX, but I don't trust munis much. CD's are returning about as bad as US treasuries, so I don't want either one, plus US's are over valued. I was in an emerging market ETF, but it seems that has already played itself out. I could do a short ETF, but I'm worried about compounded loses on a market bounce. I could buy TIPS, but it doesn't seem rates will rise until later in 2011. What are you guys doing with your 401k's? Hopefully you are at least paying attention to them and not letting them sit in a single fund trading sideways.

I'm confused on why you don't trust munis much. There has only been like one default on a muni bond in the history of muni bonds and I think it was some weird stuff with Arkansas. You will get your money from a CA muni bond or any other muni bond.

I have a lot of my 401K in my company. When I started we were a small company and I have been here less than a year and our stock has nearly doubled. Now I'm not saying I am the reason that our stock doubled but you can't argue with the logic. Other than that I have a lot of long term bonds and such until I really decide what I want to do with it.

[CLTPanther]

I'm confused on why you don't trust munis much. There has only been like one default on a muni bond in the history of muni bonds and I think it was some weird stuff with Arkansas. You will get your money from a CA muni bond or any other muni bond..

Neither have US treasuries ever not been repaid, yet.

[charlotte49er]

This. Precious metals are the only thing worth investing in imo. The dollar is quickly losing its value. May take a hard hit by the end of the year as gold is expected to hit anywhere from $1,600 to $2,000 an ounce.

Foreign Governments (namely China and Korea) have stopped buy the US Dollar and started buying Gold. What does that tell you?

States and cities are having a tough time with the tax base being down due to layoffs and foreclosures! Just turn on Charlotte news and that will tell you how big a problem it is. Libraries closing due to lack of funds. CMS is looking at consolidating something like 37 schools due to the lack of funds. And it just keep on coming!

[Hairless Cat]

Two words

gold bubble

[Hairless Cat]

put your money overseas

the us economy is dead and will be for years to come

meanwhile a lot of over seas economies are chugging right along - china had to raise interest rates today just to slow things down - the have a 10% annual growth rate.

[Hairless Cat]

that a friend who i rarely hear from, suddenly has great interest to dump tons of his money into something like currency that he is clueless about. that is the bad sign.

You should have turned him on to Iraqi dinars

[pstall]

NOBODY is paying back anything to anybody. BofA doesn't have the funds. JP Morgan doesn't have the funds.

Either they will have to parcel out the foreclosed homes and the bond losses and like I mentioned earlier allow investors to come in and gobble them up at pennies on the dollar and turn around and either allow folks to stay at a certain % rate or hope there is a market to sell to lowered tiered investors.

Otherwise that's another tsunami waiting to happen. These idiots knew this was coming but from what I'm reading despite the exposure, it might be a blip on some banks radars. But I'm hearing way too many noobs with investing talking in exotic terms and that scares the crap out of me.

@the saint. exposed or sheltered just meaning is in an IRA or some type of vehicle that shelters the taxes going on is all. sorry

[charlotte49er]

You might want to get this free information.

http://www.goldline.com/d/index.html?id=487&term=how+to+invest+gold&refcd=GO000000110471194c_how_to_AZinvest_gold&tsacr=GO6541261203&gclid=COK8mMb74KQCFUPr7Qod6QLEIQ

[Happy Panther]

My guess is the dollar will fail as most fiat currencies do at some point and we will move to a one world currency.

People love to throw around this little tidbit as fact.

[CLTPanther]

Hmm so me saying "My guess" is throwing it out as fact?

[Happy Panther]

Your guess is that the dollar will fail. the qualifier "as most fiat currencies do" was presented as fact.