Where are you putting your US Dollars?

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  • XSAXS
    Confirmed User
    • Nov 2004
    • 652

    #1

    Where are you putting your US Dollars?

    I have a $100K sitting in a 4.5% savings account, but inflation is going to turn it into fast. Where/how are YOU safeguarding the value of your USD?
  • pocketkangaroo
    Confirmed User
    • Jan 2005
    • 8452

    #2
    Whoa, where you getting 4.5% in a savings account? I can't find any over 4%.

    Comment

    • shermo

      #3

      Comment

      • tony299
        lurker
        • Aug 2002
        • 57021

        #4
        Like the old days coffee cans in the backyard. lol

        Comment

        • VeriSexy
          Join The Royal Family
          • Apr 2002
          • 25463

          #5
          In my shoe box ;)
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          • XSAXS
            Confirmed User
            • Nov 2004
            • 652

            #6
            Originally posted by pocketkangaroo
            Whoa, where you getting 4.5% in a savings account? I can't find any over 4%.
            Well, they recently lowered their rates (again), but... https://bank.countrywide.com/

            Now at 4.25%.

            Comment

            • Spunky
              I need a beer
              • Jun 2002
              • 133978

              #7
              Under the mattress

              Comment

              • XSAXS
                Confirmed User
                • Nov 2004
                • 652

                #8
                Originally posted by tony404
                Like the old days coffee cans in the backyard. lol
                Originally posted by VeriSexy
                In my shoe box ;)
                Yeah, I have some stashed away like that too, but the USD is devaluing so fast that it's really dumb to hoard Benjamins right now. Many people are jumping on gold, but I think that may be reaching its peak. (???) Wish I'd bought gold 6-9 months ago.

                Comment

                • VikingMan
                  Exploiting human weakness
                  • Jan 2008
                  • 6869

                  #9
                  This is not a joke. I just took this picture with my cell phone while I was pinching one off.

                  Comment

                  • John.
                    Confirmed User
                    • Jul 2007
                    • 2264

                    #10
                    Originally posted by lumenus
                    This is not a joke. I just took this picture with my cell phone while I was pinching one off.

                    I hope there's a bucket of petrol on fire on the ground catching that roll.
                    Sig too old.

                    Comment

                    • shake
                      frc
                      • Jul 2003
                      • 4663

                      #11
                      Found a few good buys in the stock market which is keeping me ahead overall about 50% this year so far... Really not sure what is a safe investment right now, I don't think realestate has finished dropping yet either.
                      Crazy fast VPS for $10 a month. Try with $20 free credit

                      Comment

                      • VikingMan
                        Exploiting human weakness
                        • Jan 2008
                        • 6869

                        #12
                        Donny was the smart one. He put his money on Christianity. In times of need people will turn to Jebus

                        Comment

                        • marcop
                          Confirmed User
                          • Nov 2005
                          • 4150

                          #13
                          Buy Euros.

                          Comment

                          • DBS.US
                            Geo Cities
                            • Aug 2003
                            • 11842

                            #14
                            http://real-estate.com/homes_for_sale/california_homes
                            Have an unused domain? Make a Free Chaturbate White Label site and be making money tonight

                            Comment

                            • The Judge
                              Confirmed User
                              • Jan 2006
                              • 1647

                              #15
                              lots of gun ammu, salt, water purification equipment

                              Comment

                              • Kard63
                                Confirmed User
                                • Nov 2003
                                • 8944

                                #16
                                How does one go about putting it in a european bank if they live in the US? Do they pay similar interest rates ?

                                Comment

                                • VikingMan
                                  Exploiting human weakness
                                  • Jan 2008
                                  • 6869

                                  #17
                                  Buy gold on the big pullback that may be on its way. You can just use the Kitco pool account. Don't have that heavy yellow shit delivered as that is just plain stoopid. Plus you can sell in an instant if you wish.

                                  Once it breaks and stays above $1k it should rise nicely after a few "tests".

                                  The world is fucked in case you have not heard

                                  Comment

                                  • paymeback
                                    Confirmed User
                                    • May 2005
                                    • 1478

                                    #18
                                    Wow 4.5% that sucks one savings account here in Australia i have upped their rate from 6.65% to 6.9% today
                                    ICQ:36-43-49-11

                                    Comment

                                    • cheekycherry
                                      Confirmed User
                                      • Feb 2002
                                      • 1703

                                      #19
                                      Well, I lose value when I convert them to pounds. I lose value when I buy houses. I lose value when I buy shares.

                                      Everything is fucked. SOoooooooooooooooooooooo...

                                      My answer? Forget investments for now and concentrate on building my business - then when the good times come round again, I'll decide where to stick them.

                                      Comment

                                      • Eva PSC
                                        Confirmed User
                                        • Feb 2008
                                        • 994

                                        #20
                                        i hear silver is even better to invest in

                                        www.PinkStarCash.com
                                        Eva ICQ: 225 740 053

                                        See who I am at AdultWho'sWho!

                                        Comment

                                        • Violetta
                                          Affiliate
                                          • Jul 2004
                                          • 28735

                                          #21
                                          Im importing goods from us! It is SOOO cheap!
                                          M&A Queen

                                          Comment

                                          • Angry Jew Cat - Banned for Life
                                            (felis madjewicus)
                                            • Jul 2006
                                            • 20368

                                            #22
                                            i put them down the shitter. it's cheaper than buying toilet paper...

                                            Comment

                                            • TampaToker
                                              Confirmed User
                                              • May 2006
                                              • 5828

                                              #23
                                              Originally posted by shake
                                              Found a few good buys in the stock market which is keeping me ahead overall about 50% this year so far... Really not sure what is a safe investment right now, I don't think realestate has finished dropping yet either.
                                              Not for at least another year
                                              Icq 247-742-205

                                              Comment

                                              • pocketkangaroo
                                                Confirmed User
                                                • Jan 2005
                                                • 8452

                                                #24
                                                Originally posted by XSAXS
                                                Well, they recently lowered their rates (again), but... https://bank.countrywide.com/

                                                Now at 4.25%.
                                                I forgot about them. I guess with the troubles they've been having, I was a little skeptical about using them. I'm currently at ING.

                                                Comment

                                                • Sloane
                                                  Confirmed User
                                                  • Feb 2001
                                                  • 815

                                                  #25
                                                  Park your money in New Zealand...interest rates are high there. You can get 8.80% at the moment through WestPac NZ. Nice stable country with the backing of a large Australian bank. Very safe..
                                                  Rates

                                                  Not sure if they have a US dollar account, may have to convert into NZ dollars..

                                                  Comment

                                                  • WebCashMaker
                                                    Confirmed User
                                                    • Feb 2008
                                                    • 1726

                                                    #26
                                                    What about Steel and Copper ?
                                                    Since China and India are still building like crazy and need a lot of it.




                                                    Comment

                                                    • flashfire
                                                      ICQ 1 6 7 8 5 3 4 9 2
                                                      • Feb 2003
                                                      • 13098

                                                      #27
                                                      Originally posted by Sloane
                                                      Park your money in New Zealand...interest rates are high there. You can get 8.80% at the moment through WestPac NZ. Nice stable country with the backing of a large Australian bank. Very safe..
                                                      Rates

                                                      Not sure if they have a US dollar account, may have to convert into NZ dollars..
                                                      but could someone from the us open an account there?

                                                      Comment

                                                      • EuroRev_Stacey
                                                        Confirmed User
                                                        • Dec 2007
                                                        • 811

                                                        #28
                                                        Originally posted by sherm
                                                        This is my dream!
                                                        EUROREVENUE.COM

                                                        Comment

                                                        • Sloane
                                                          Confirmed User
                                                          • Feb 2001
                                                          • 815

                                                          #29
                                                          Can't see why not...I am in Australia and they let me open a New Zealand account. Try sending them an email.

                                                          Comment

                                                          • flashfire
                                                            ICQ 1 6 7 8 5 3 4 9 2
                                                            • Feb 2003
                                                            • 13098

                                                            #30
                                                            Originally posted by Sloane
                                                            Can't see why not...I am in Australia and they let me open a New Zealand account. Try sending them an email.
                                                            I will, double intrest rates!

                                                            Comment

                                                            • Sloane
                                                              Confirmed User
                                                              • Feb 2001
                                                              • 815

                                                              #31
                                                              Originally posted by flashfire
                                                              I will, double intrest rates!

                                                              Only trouble is, if the US dollar makes a come back, and you convert to NZ dollars...you may end up losing out.

                                                              Comment

                                                              • flashfire
                                                                ICQ 1 6 7 8 5 3 4 9 2
                                                                • Feb 2003
                                                                • 13098

                                                                #32
                                                                Originally posted by Sloane
                                                                Only trouble is, if the US dollar makes a come back, and you convert to NZ dollars...you may end up losing out.
                                                                may be possible to keep it in usd...gonna get some more info

                                                                anyone else keep money in bank accounts in another country? seems like we could make some good money

                                                                Comment

                                                                • sumphatpimp
                                                                  Confirmed User
                                                                  • Aug 2002
                                                                  • 5235

                                                                  #33
                                                                  home heating oil futures
                                                                  http://www.wtrg.com/daily/heatingoilprice.html

                                                                  http://www.google.com/search?hl=en&s...es&btnG=Search

                                                                  Comment

                                                                  • Jens Van Assterdam
                                                                    The Dupre Pimp
                                                                    • Feb 2008
                                                                    • 6677

                                                                    #34
                                                                    Cayman´s.. its the only real option you have if your a non us citizen..
                                                                    Read TOS for signature rules

                                                                    Comment

                                                                    • directfiesta
                                                                      Too lazy to set a custom title
                                                                      • Oct 2002
                                                                      • 30189

                                                                      #35
                                                                      I know that Asspimple is stoopid ... As he says, it is a FACT !

                                                                      But I can't figure out how he can breathe or type , at the same time ....

                                                                      Comment

                                                                      • JFK
                                                                        FUBAR the ORIGINATOR
                                                                        • Jan 2002
                                                                        • 67369

                                                                        #36
                                                                        Originally posted by lumenus
                                                                        Donny was the smart one. He put his money on Christianity. In times of need people will turn to Jebus
                                                                        Jesus saves, Moses invests

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