tag:blogger.com,1999:blog-18065245.post3376220319415246647..comments2024-01-04T05:22:47.328-07:00Comments on mndrix: Self Insuring for Disabilitymndrixhttp://www.blogger.com/profile/00943372190551332722noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-18065245.post-29722869144971026882008-11-12T16:38:00.000-07:002008-11-12T16:38:00.000-07:00Thanks Travis. I think you're right. I'll proba...Thanks Travis. I think you're right. I'll probably have to decide which points are the most important to me and overlook the least important ones. As I've talked about this problem, I've realized that I also need to define terms better for myself. What do I really mean by "easy to sell" and "hard to spend"?<BR/><BR/>Back to the drawing board...mndrixhttps://www.blogger.com/profile/00943372190551332722noreply@blogger.comtag:blogger.com,1999:blog-18065245.post-75013499359934411262008-11-12T15:31:00.000-07:002008-11-12T15:31:00.000-07:00I know this probably isn't going to help you make ...I know this probably isn't going to help you make your decision but I had to put in my two cents. And keep in mind, I could be very wrong.<BR/><BR/>But I agree with what JJ said that you won't find any one security that fits perfectly. To me, criteria 1 and 3 sort of go against each other. If you sell or spend something, you are ridding yourself of it in exchange for something else (whether that be a good, service, or money). So making something hard to spend but easy to sell seems near impossible.<BR/><BR/>Sorry I didn't really bring anything constructive to this, but I fear you may have a near impossible goal in mind.Travis Hendrickshttps://www.blogger.com/profile/14703742490513802482noreply@blogger.comtag:blogger.com,1999:blog-18065245.post-52666870463764024492008-11-11T13:12:00.000-07:002008-11-11T13:12:00.000-07:00Thanks for the price chart JJ. You're right that ...Thanks for the price chart JJ. You're right that there does seem to be a fair amount of volatility in gold prices over the last 30 years. Interestingly, they were really stable for about 20 years during the 80s and 90s.<BR/><BR/>Thanks for the suggestion of an ETF for corporate bonds. That might be a good combination.mndrixhttps://www.blogger.com/profile/00943372190551332722noreply@blogger.comtag:blogger.com,1999:blog-18065245.post-64874923648909977842008-11-11T10:39:00.000-07:002008-11-11T10:39:00.000-07:00I definitely like the idea of self-insuring for di...I definitely like the idea of self-insuring for disability. A very good idea to cover those kinds of contingencies. <BR/><BR/>I'm not sure if gold is any better at your 4th criteria than stocks. Look at the <A HREF="http://goldprice.org/30-year-gold-price-history.html" REL="nofollow">30 year gold price history</A>. There are huge increases and huge declines in relatively short periods of time (1-2 years). I haven't found any volatility comparison between gold and stocks, but I think gold is probably just as volatile.<BR/><BR/>My guess is you won't find any one security that perfectly meets your criteria. You will have to decide which is the best. Gold might be it. My guess is corporate bond fund might also be a good option. I can't find long term data but <A HREF="http://chartserver.fasttrack.net/chart.aspx?symbol=NCOBX&span=6&SorF=F" REL="nofollow">this chart</A> shows the DJ Corporate Bond Index over the last two years. It dropped 10% during the worst financial crisis in probably 30 years. There are ETF's for it to so it would be very liquid.<BR/><BR/>Just my two cents.JJ Hendrickshttps://www.blogger.com/profile/10255138459888881579noreply@blogger.com