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HUAJIAO

(2,678 posts)

12. Thank you for your advice.

Reply to Fiendish Thingy (Reply #7)

Sun Dec 15, 2024, 03:04 PM

Dec 15

"If Trump succeeds in linking treasury bills to cryptocurrency, and abolishes the FDIC, nobody’s money will be safe, and we better start stockpiling recipes for squirrel and possum."

Yeah, That is probably not beyond the realm of possibility..

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Americanme

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Highlight:

Retirement funds question. [View all] HUAJIAO Dec 15 OP

Recommended forum for this question: Personal Finance and Investing mahatmakanejeeves Dec 15 #1

Thanks.. I'll post there also. HUAJIAO Dec 15 #4

The 12 month treasuries are "safe", although they might not outpace inflation. dawg Dec 15 #2

Do you think they are safe IN SPITE of trump, musk et al? HUAJIAO Dec 15 #3

Yes. dawg Dec 15 #8

"If we default on treasuries, our entire economy will collapse, and money will be useless anyway" HUAJIAO Dec 15 #11

Yes. Igel Dec 15 #13

If your safe investments lose value, then everything that you know will also lose value, and we will be in Mad Max world Yavin4 Dec 15 #5

If those tank, we will all be broke, houses will be worthless except to those living in them, stock market will tank Silent Type Dec 15 #6

You shouldn't have all your money in T bills and CD's, regardless of who is president Fiendish Thingy Dec 15 #7

Thank you for your advice. HUAJIAO Dec 15 #12

Isnt all this fear so sad? XanaDUer2 Dec 15 #9

I'm considering putting 1/3 of my money in MMFs bif Dec 15 #10

I'm not sure he's talking about an IRA LogDog75 Dec 15 #14