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Personal Finance and Investing

HUAJIAO

(2,678 posts) Sun Dec 15, 2024, 02:34 PM Dec 15

Retirement funds question considering the political situation... [View all]

What do you think is the likely hood of retirement funds in an IRA - in a major brokerage house- being "safe", (whatever that means) - 12-month Treasury Bills and 1-3 year Bank CDs---given, well ya know--the fact that 'somebody' wants all the money, wants to demolish the FDIC, etc etc?

Asking for an 81 year old friend !!

8 replies

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Retirement funds question considering the political situation... [View all] HUAJIAO Dec 15 OP

i think we are entering a golden age of insider trading rampartd Dec 15 #1

I don't think you have anything to worry about. A HERETIC I AM Dec 15 #2

Good advice. My Financial adviser pretty much stated the same. OAITW r.2.0 Dec 15 #4

Avoiding the bubble and hiding in Treasuries? bucolic_frolic Dec 15 #3

Thanks. That sounds like solid advice. HUAJIAO Dec 18 #7

"And poor productivity growth is here to stay. We are not growing like it's 1955." OAITW r.2.0 Dec 15 #5

I'm worried about the dollar valuation as well. I'm with Fidelity. 58Sunliner Dec 18 #6

I'm also with Fidelity and have considered some international international HUAJIAO Dec 18 #8