Talk of The Villages Florida - View Single Post - States debt crisis
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Old 12-21-2010, 08:25 AM
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Yes, I saw that segment too, and am also doing my own research on it. Remember CBS is somewhat bias, do you own research. One should never react to one thing with long term investments. By pulling out now you may have lost money, by not having recouped all your previous losses. And with the market being somewhat down this is a great buying scenerio!
As far as where to park it, well, if you have no trust in the market all that is left is your bank, but then what if the bank folds? What if the government locks down all banks? Unless you keep it under your bed where it earns nothing and actually loses value there is no place. That is why it is best to just research, be aware, may become more conservative in your investment baskets.
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