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Old 10-19-2010, 06:08 AM   #13
NRA_guy
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Join Date: May 2010
Location: Mississippi
Posts: 288
Default Re: where are your saving?

I was having US Savings Bonds deducted at work for my grandson's college.

Now the Feds have stopped payroll deduction for Savings Bonds (I guess they were losing money on it---or the Chinese offer a better deal).

I would like to cash the bonds I have ($5,000) [screw the Fed] and start investing in something else, but I am not sure what.

I considered gold or silver but that seems rather non-liquid.

Stock are too risky.

I don't know enough about bonds.

One thing I have noticed: There are no trustworthy sources of financial advice for the common man. I am sure rich people have advisers---but recent headlines indicate that some of them are cheaters, too.
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