Re: O/T Looking for \"under the mattress\" type investment
I Bonds.
They are guaranteed to beat inflation, are exempt from state and local income taxes, may be tax free if used for education expenses, are very liquid if held for more than five years, can be purchased via automatic periodic deduction, and can be purchased in amounts from $25 to $10,000 at a time.
Personally, I'm a big fan of maxing out a Roth IRA and loading up on high-dividend investments like REIT's. There's something to be said about 15% yields that are tax free. Of course, that's not very hands off and not liquid in the least.
WT
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