[politicket]

What advice do you have for the future for people with money to invest (or at least protect)

I'm not an investment advisor, so don't really offer any.

I can say that most of our assets are on the sidelines in short-term US treasuries right now (4 week, and one tranche in 13-week).

I don't currently trust real-estate, the equities market (even though it reached a new high today), or commodities like oil, gold, or silver.

The reason is that I believe we're heading into a long-term global recession where existing debt will bury people and the old adage of "cash is trash" will now be "cash is king".

[linMcHlp]

bttt

[woodbutcher1963]

I too have mostly been buying short term(17 week or less) TBills for the last 2 years.

However, I was thinking about putting some money here just recently:

https://www.salliemae.com/banking/certificates-of-deposit/?dtd_cell=RDPCC1DCZPAFBRRTOTHOTHRN010000

[woodbutcher1963]

I do not know much about this bank, but they are FDIC insured and offering a 5.65% CD:

https://alto.bmo.com/en-us/high-yield-cd/?ecid=af-US77245SVG4-AJUM62&SRC=LS&utm_Medium=Affiliate_BR