Originally Posted by Roody

This thread interested me because I'm selling some property and I have been trying to decide what I'll do with the proceeds. I might buy an income property, but real estate still seems likely to go down in value even more in my area. Stocks are pretty risky at this point, IMO. Even bonds are less secure than they should be, with businesses and municipalities going bankrupt, and even the US Treasury getting a downgrade. The interest on savings accounts are so low that you couldn't buy a McDonald's meal with your annual yield. Like most individuals and companies, I'll probably just sit on the cash for a while until things smooth out.