Thursday, October 2, 2008

Dont be afraid

One final thought. Dont be afraid to keep investing your money. I by no means am an Investment Counselor but this is not the time to hide your money in shoe boxes or under the bed. The market is prime time to buy. Just do your research first. Also, the FDIC is a good thing. The way an account is titled is key in finding the loopholes set through the FDIC. I know many of us dont have enough liquid cash to worry about this but at least know your options:

1. Joint accounts

2. Individual accounts

3. Trust account/POD accounts (Payable On Death)


Remember, this is just a down time. Rules and regulations are in place so that we will have a greater chance for the economy to get back to normal. It looks bleak now but it will all work out. Also, if you are Christian and tithe your 10%(or more) then why worry. Does God not promise to take care of those who trusts in Him. I know its hard to say but its not OUR money anyways. Its all Gods money that he just lets us use.

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