So buy precious metals.
Right now we have a literally golden opportunity where the safest asset class (precious metals) is also the one that will grow most in buying power - at least until 1 oz of Gold = the DOW, and probably until 0.5 oz of Gold = the DOW.
Nice little dip going on in PMs right now.
Past performance is no indicator of future results, but historically, gold hasn’t been the magical investment you seem to think it has been.
http://www.investorsfriend.com/asset_performance.htm
It is folly to call gold “the safest asset class” and even more foolish to say that it “WILL grow most in buying power.”
Gold is ONE part of a prudently diversified portfolio.
I was looking at tiaa-cref.org at mutual fund possibilities and everything is negative for the year. I looked at bond funds and they are all about 5% up on the year. not much, but better than negative. The inflation protected bonds were up about 10%. I am going to get in bonds until 2012 and then move into stocks if a republican gets elected.