Are Money Market Accounts and Bonds as safe as commonly perceived?

So please understand, I am in no way giving you or anyone else advice.

If you want advice, anyone reading this should consult with a currently licensed investment company representative or stock broker or E*trade, or Scott trade or any other investment professional to help you make your decisions.

However, if I were in some of the same circumstances... Hmmm here is some of what I might do with financial considerations, tax penalties, exit fees, loss of principle.

Do I want someone else to guide me through these decisions or do I want to strike out on my own? Set up accounts and purchase individual stocks, perhaps subscribe to one or more investment company news letters? What are the best stock to invest in today? today, for myself, I might diversify and buy gold, silver, coffee, sugar, commodities...

First of all, I would not want to expose myself to a tax penalty for early withdrawal. So I would want to think on the lines of an account Roll Over.

This could be accomplished in one of several ways.

Lets say I had an Individual Retirement Account (IRA) with company -A- I could consult with a new Investment Company -B- Representative and review my risk assessment. When am I planing to retire. Age doesn't determine Retirement Money Does!

But lets hold that thought for a moment, Mutual funds are very good investments they offer a good diversity of risk in a down turning market.

Let's face it, anyone can do well in an up market. So choosing some prospectus of investment companies that performed well during the Great Depression might be a strong consideration? or during the 80's

Oh yes, Massachusetts had the First Investment Company ever a mutual fund called Pioneer, if memory serves me they, the Pioneer fund returned no less that 15% during the Great Depression.

A big return even in today's standards but almost unheard of during the depression day's. What they have going for them is a track record, they have archives of the investment strategies that worked.

So I would look on the net for news letters and for mutual fund companies and call them for more information there are many companies.

If I were planning on doing my own investment buying and selling, I might get news letters from maybe Motley Fool, or someone else.

I would ask myself who's giving out the best pics for stocks right now, the markets are all over the place?

So let's say that is what I chose to do, okay I have called around gotten Prospectus's read them maybe even spoke to a few reps. In the end I decide to go out on my own. Let's say I choose; Scott or E*trade choosing one company for now, and knowing that I can have 100 or even a 1000 IRA accounts if I wanted.

I'm only limited to the max contribution I can deduct each year. What ever company I choose; I set up a stock account and a cash account. adopting both accounts with the same company as an IRA.

Having done that, I would, after having done my research roll over my old IRA accounts, within the Rollover period; or if I had left my old company also roll over my 401k accounts into my new IRA cash account.

Then I could just leave the cash there and wait for my target prices on the stocks from Motley Fool or whoever Else's advice I feel most comfortable.

Once I do this, I direct Scott, or E*trade to take the money from my cash account purchase the stocks and them instruct them to place the Stocks into my stock account.

Of course the beauty of the fluctuating market is that I can set up my accounts to buy and sell while I am working, or I can buy and sell when I am home I could loose or I could win. The secret is don't play the market with money I can't afford to loose.

I believe this is actually the best strategy, because the housing market is still unravelling. As we head into deeper recession, larger numbers of workers will loose their jobs and benefits.

The housing market will develop into a cataclysmic event; but those numerous credit cards the banks have been giving out to everyone will be the new financial tremors followed by the quakes.

To this point whatever banks that survived will be ripped from their roots as that total financial tsunami of 14 trillion dollars of American consumer debt collapse the economy!

Choose well!

--Daryl

the potential for nationalizing these accounts and having no access.

It depends on the money market account and the bond.

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I would remind you that extremism in the defense of liberty is no vice! And let me remind you also that moderation in the pursuit of justice is no virtue. Barry Goldwater