Can we have a thread about what the hell to do right now?
🗣️ DISCUSSION 💬
First of all, I'm an idiot when it comes to anything financial. I know many of you aren't. What is the safest thing to do with the money (fiat) that we do have right now? Leave it in our local bank? Credit union? Keep it as cash in my sock drawer? Also, the money in my 401k? Switch it over to bonds or something else I don't fully understand? Any thoughts from someone who's been paying better attention to these things than I?
Just left Wells Fargo to close my account. Lobby was full. All offices full of people. I had to make an appointment for tomorrow to even see somebody to close the account. Teller was so frazzled and practically in tears. She apologized and said, " it's been a day". Get in the car to hear Biden say our banking systems are safe. Now with that I'm not sure I will have a bank with an open door tomorrow. I was feeling ok until I heard our liar resident. Edit to say atm is down too.