Monday, January 19, 2009

Tell if My Money is Safe or is Your Money Safe

Is my money safe? This is a question that many people are asking in these unknown financial times. Read on to learn how to tell is your money safe?

First you need to take stock of all your investments, whether it is in savings account or in municipal bonds.

Next remember that your bank investments and CDs will not drop depending on the stock market, so keep that money where it is.

Look at your stock investments and decide whether you think stocks will go lower. When stocks are low it is not a good time to sell. If you do not need the money then keep the money in the market and know that the stocks will rebound and decide is my money safe?

By ehow.com


No comments: