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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Sweet Ol who wrote (38450)1/14/2005 4:13:59 PM
From: jim_p  Read Replies (1) of 206326
 
I put mine in a Dutch Auction Preferred with a AAA rating that matures once a week. It's divided up in three investments that come due every Monday, Wednesday and Friday.

Not great returns, but 2-2 1/2% is better than the 1/2-1% you get in a money market with very little risk and I can enjoy the skiing when I take off.

If rates do go up faster than expected the dollar will be helped and with a stable dollar gold and oil will not do that well. Oil has not increased all than much in terms of Euros.

It's been tempting to invest it overseas, but not sure the upside is still there?
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