How about something safe that's appreciating in value far better than T-bills, annuities, passbook savings and lately...most hedge funds?
Get your ass to the nearest supermarket and get ready to HOARD! Food is just about the best investment we porky Americans can make.
Check out the average price increases for some common food items in cities across the United States:
Rice: up 9.8%
Beef roast: up 3.1%
Milk: up 13.3%
Bread: up 16.3%
Tomatoes: up 18.2%
Peanut Butter: up 10.9%
Don't be too surprised to see booze jump on the escalator too. Wheat, corn, rice and all the other goodies that we use to make delicious wobble water should soon make a trip to the liquor store as painful as an upper colonic.
Of course it does lend credence to the "whiskey is an investment" argument you've been meaning to try out on the wife. (Let me know how that goes.)
Of course most of this price escalation is a result of the weak U.S. dollar and our moronic insistence on burning nearly a quarter of our corn supply to make ethanol. This shameless pandering to farmers and "greenies" by the nitwits in Washington has resulted in a whopping one percent reduction in our oil consumption.
Thanks morons!
So, unless we come to our senses real soon and start drilling for oil here at home, the place to go for smart investing is your neighborhood grocery store. I say drill in Alaska, Boston, Detroit, schoolyards and cemeteries...whatever it takes.
GET SOME DAMN OIL!
Or, pass me the can of beans. And, while you're at it, see what they're getting for a pound of ground prairie dog.
(the other tan meat)
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