UnThreaded | Threaded | Whole Thread (43) | Ignore Thread Prev | Next
Author: elnuevo One star, 50 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35400  
Subject: Re: Inflation/Crash Insurance Date: 7/18/2006 4:08 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Thanks Charlie and Loki for all the advice. Although my first questions weren't answered, more important questions I didn't realize I had certainly were. (i.e. the risks of bond funds, correct motives behind investment decisions, the sleaziness of Ed-J, etc.) Wow! sure glad I posted to this board!

Loki wrote "What you were asking for here, initially, was what to do with money you had decided to pull out of the stock market and allocate into bonds/fixed-income"

Actually it's cash I just haven't invested yet. I have $63,000 sitting in my three-month old Scottrade account. I'm waiting (not-so-patiently) until I actually have some idea what I'm doing before I make any big decisions. Instead of rushing in and getting in over my head like so many other naive "investors" who's lamentations I've read in these boards.

What actually brought me to this board in the first place is how unnerving it is to see that much money just sitting there while I try to learn how and where to invest it.

I thought I'd just dump half of it into bonds for now while I educate myself in stock valuation. Apparently, it's not that simple.

I believe I'm on the right track anyway. Some of the books I've read in the past two months are Roger Lowenstein's Buffet, The Making of an American Capitalist, Graham's Intelligent Investor, I've subscribed to TMFs Hidden Gems, and SmartMoney and read dozens of articles on stock valuation and financial statement analysis.

I would still like to find a safe, interest bearing, place for my cash while I hone my investing skills and/or find a good money manager.

Think I'll be sticking around this board for a while...

Ryan
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (43) | Ignore Thread Prev | Next

Announcements

Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Looking at Currency Ratios
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement