2013/7/31-9/16 [Reference/RealEstate, Finance/Investment] UID:54720 Activity:nil | 7[31 Suppose you have a few hundred thousand dollars in the bank earning
minimum interest rate and you're not sure whether you're going to
buy a house in 1-5 years. Should one put that money in a more
risky place like Vanguard ETFs and index funds, given that the
horizon is only 1-5 years?
\_ I have a very similar problem, in that I have a bunch of cash
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2013/5/13-7/3 [Finance/Banking] UID:54676 Activity:nil | 5/13 Does FDIC ever matter? How likely is it that your deposit of
over $250k going to be screwed over in a major US bank?
\_ Was Washington Mutual a major bank?
\_ Was Washington Mutual a major US bank?
\_ Hahahahahahahahahahaha. Good one.
\- As with nuclear weapons, this insurance produces much of its value
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2013/3/9-4/16 [Finance/Banking] UID:54621 Activity:nil | 3/9 In a 15/30 year loan, the amount of payment stays the same but
the payment on interest decreases while the principal increases.
Suppose I decide to pay off a huge chunk of principal, will
the amount of interest I need to pay decrease drastically, or
do banks still want to take out a huge chunk of interest rate?
\_ You don't actually have separate "interest" and "principal"; you
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2009/5/21-29 [Finance/Investment] UID:53025 Activity:nil | 5/21 wtf dude, not again (US dollar index)
http://quotes.ino.com/chart/?s=NYBOT_DX
\_ You should definitely expect the dollar to fall further from here.
Plan accordingly. -tom
\_ what i've read is that commodity and production driven currencies
not impaired by large debt obligations, may be a good investment,
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2009/5/22-29 [Finance/Investment] UID:53031 Activity:nil | 5/22 Dollar is fucked. Should I buy or sell Silver? I'm not touching
GLD, it's just unpredictable.
\_ I bought British pounds. Wish me luck.
\_ Don't buy money. Buy stock in a safe company that is sold in
the currency you want to buy.
\_ The problem is that Obama might nationalize it next week and
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2009/3/25-26 [Finance/Investment] UID:52754 Activity:nil | 3/24 What exactly does it mean when X currency is "pegged" to Y currency?
How does this magical monetary voodoo work?
\_ I think it means the government of X actively trades currencies X
and Y in order to maintain an almost constant exchange rate between
X and Y.
\- the peg is the commitment. what you describe above is
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