My bank is a smaller bank in the area. They are 388 on derivatives rankings. We are pulling the bulk of the money out this Friday and opening an account at a local credit union.
The funny thing was a few weeks back we discussed getting liquid assets available for the TN adventure. He agreed and we called the broker. He asked if my husband was going in to conspiracy theories. We said no we need liquid assets for TN. The next day is when the market fell 700 points.
Word of advice, if you can move money to a credit union TOMORROW, you might better off. I'm not a financial advisor, but my gut instinct tells me it's time to do that.
Like I said, I'm not a financial advisor, but I had to go with my gut. Listening to my gut / inner voice told me back in 2008 to move my 401K to the most conservative stocks I could, and by doing so I didn't lose a dime of retirement money back then.
Tomorrow the FDIC and the Federal Reserve are holding a closed-door meeting... what do you think they will be talking about? Not the weather, that's for sure.
I know you are not a financial advisor but my gut says the same. Hence we pulled stocks put right before it went down. So we will be at the credit union when they open in the morning.
My bank is a smaller bank in the area. They are 388 on derivatives rankings. We are pulling the bulk of the money out this Friday and opening an account at a local credit union.
The funny thing was a few weeks back we discussed getting liquid assets available for the TN adventure. He agreed and we called the broker. He asked if my husband was going in to conspiracy theories. We said no we need liquid assets for TN. The next day is when the market fell 700 points.
I will not let the evil monsters get me down.
Word of advice, if you can move money to a credit union TOMORROW, you might better off. I'm not a financial advisor, but my gut instinct tells me it's time to do that.
Ok, I told my better half and you talked us into it. We both told work we will be late tomorrow
We were going to do it Saturday but we had appointments we couldn't change.
Thanks for confirming what I felt in my gut.
Like I said, I'm not a financial advisor, but I had to go with my gut. Listening to my gut / inner voice told me back in 2008 to move my 401K to the most conservative stocks I could, and by doing so I didn't lose a dime of retirement money back then.
Tomorrow the FDIC and the Federal Reserve are holding a closed-door meeting... what do you think they will be talking about? Not the weather, that's for sure.
I know you are not a financial advisor but my gut says the same. Hence we pulled stocks put right before it went down. So we will be at the credit union when they open in the morning.
Thanks again.
We would need to take off work. I can't imagine this hitting a bank here only with 150 branches before Friday.
I am not sure at this point.