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about my children's 529's and my money in the bank? I am not really literate in this field so I just wanted some advice on this....I don't have more than 100k in the bank but do I still need to worry?
Location: Sitting on a bar stool. Guinness in hand.
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It depend on where you live. Right now if you live in the wallstreet area are walking at street level, Then I would make sure to be look up. You don't want any brokers landing on you.
I have to worry. I sell sellable items. I havn't sold in many weeks. Theres a problem. And I'm f****d off about it. I didn't help cause the CC, but I sure as hell am gonna suffer. What happens next, I DECIDE.
If you're really worried, check out your bank's CAEL rating to see how sound it is. Maybe avoid WAMU for now. Don't keep more than 100K in any one bank.
I don't know what a 529 is.
Quote:
Originally Posted by MomOfToo
about my children's 529's and my money in the bank? I am not really literate in this field so I just wanted some advice on this....I don't have more than 100k in the bank but do I still need to worry?
If you're really worried, check out your bank's CAEL rating to see how sound it is. Maybe avoid WAMU for now. Don't keep more than 100K in any one bank.
Long term savings accounts all took a punch today but I'd like to think its for the better. MAYBE there will be more fiscal responsibility on Wall Street if they know the Feds aren't bailing them out.
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