I read this thread, then I decided to take a look at my portfolio. I didn't know the market went down 366 points today - I hadn't heard. I wish I didn't look at my investments just now, and all the money I lost today. :'( Stupid, stupid, stupid. Yeah, I know, invest for the long term. Yadda, yadda, yadda.
Any hot tips? How about sticking it under the mattress?
Yeah, I hear ya!!!
Maybe a safe deposit box might be better though.
Or, seriously, a money market account where you at least get some itty bitty interest and your principle is safe.
Up to $100,000.
I remember the day when, (I think Carter & then Reagan were around), for every $10,000 I had, I would get $800 in interest every 6 months.
Those days are gone!
In 2000 when those radicals torpedoed the U.S.S Cole, all of my accounts got torpedoed, as did everyone else.
The markets just tumbled & tumbled & tumbled.
Put it in a certificate of deposit, at least you'll still have your money you started with.
Mattress? House fire? OUCH!