The news that we have been bombarded has not been pleasant. But don't let this rile you...take action to protect yourself, your home and your assets.
I called a couple of banks and investment firms to see how they would respond to questions regarding the safeguarding of hard earned money. The banks were FDIC insured for up to $100,000 and the investment firm is insured by FTIC up to $500K.
I asked if something were to happen, how would got my money and how long would it take? I was referered to the following website: http://www.fdic.gov/deposit/deposits/index.html
You might find it interesting reading.
Wednesday, September 17, 2008
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