FDIC insures up to $100,000 backed by the Federal Government. I trust that to putting my money under a mattress or buying gold....although gold isn't too bad of an investment..unless someone steals it. Of course you could put it in a Safe Deposit box.
The bulk of my retirement savings are in a 403B. It was in a moderately aggresive mutual fund. When the market bottomed, I chickened and transferred 80% into a fixed income fund of Government securities earning 4.5% It is nice to watch that money grow, while the rest of it is on a roller coaster.
I am not at an age where I can ride out the market.
If I had a 10 or 20 year horizon I would be willing to risk more.
Federal Bonds are a good hedge. Do you happen to know what they are paying?
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