General Stock Ideas

[bigworld]

GFP: I would limit the amount held in "cash" denominated in US Dollars. Just an emergency fund containing what you might need to live on for 3-6 months. I keep 6 months of cash in the bank. $25 - 30 K. The rest goes into various brokerage accounts and I use it to mostly buy mining stocks. I am thinking about perhaps buying maybe $50 K of physical gold from the Perth Mint and just warehouse it there. I'd have to pay a storage fee but at least it would be out of tentacle range of our corrupt Federal government. But an excess of cash in banks will be subject to inflation, or could be used for bank "buy-ins" in the event of bank failures (i.e. like Cyprus, which was a trial run.)