[1967 R50/2]

The possible places to put your money seem slim these days:

1. T-bills: Pay nothing. Literally.
2. CD/Money Market. Pay close to nothing. Plus money markets are often backed by Muni/state bonds which are in rough shape now. Also, with the possibility of "STIMULUS PACKAGE INDUCED INFLATION" coming on in a year or two, locking in to a low yield CD for 2+ years seems foolish.
3. Stocks. Very volatile to say the least. Not good for my sanity.
4. Commodities. Although these may pan out in the medium to long term, they are taking a beating right now. "Panning out" is dependent on a global economic recovery, which seems far from certain.
5. Forex. The Chinese Yuan seems like the only safe bet, but honestly don't have enough expertise in this area to make a go of it.
6. Real estate....um, right.

So that leaves Corporate Bonds as the only possible place to keep money...but then of course, companies are going under at an alarming clip. And well, the bond rating system didn't work so well for Frannie and Freddie, so who can say what is really investment grade?

Any thoughts on corporate bonds?