Quote:
Originally Posted by pussyluver
That's why you have income and the ability to do more than one thing. Called spreading risk. The government could pull the plug on this industry at any time. If they do, I have a main stream thing going and generating income. Of course that spreads one a little thin often. Especially when the economy hit the crapper.
After, the Epass mess, I hope everyone figured out it is not wise to have all your assets in one place. That would apply to banks too. Hundreds of US banks are predicted to fail in the comming months. Do you really trust FDIC all the way???
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Good advice, right on the money. Thanks. One should not put all their apples in the porn basket.
I would def not leave too much in any bank indeed.
Scary times. The party is over for my gen and the younger gen may never even get to have a party.
And what is a "party". Just a better ecomomic climate so we all dont have to work so much and the average Joe can get out of debt and build some savings. Again scary times really.