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lquadland10 (< 20)

How safe is your IRA? Anunity? Mutal funds? Make sure your parents are covered also.

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4

July 17, 2008 – Comments (4) | RELATED TICKERS: FSLR , AUY , GLD

You can't have more than 250,000.00 if you want it covered so you need to have it in different banks because if you have more than one in a bank then they won't cover. What about the annuities well they are not covered. The mutual fund> I don't think that it is covered either. So how well covered are you?

4 Comments – Post Your Own

#1) On July 17, 2008 at 1:46 AM, thought4 (22.47) wrote:

Don't forget your brother sister niece nephew aunt uncle cousin and so on.

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#2) On July 17, 2008 at 3:40 AM, XMFSinchiruna (27.47) wrote:

If you're counting on SIPC insurance at all you'll be very disappointed.  As of year-end 2007, their capital balance was $1.5B.  That's enough for about the fist bank or two, and then... poof!

FDIC has a few billion... again... poof!  Indymac eats up nearly a third of FDIC's capital overnight.  Still feeling safe?

 

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#3) On July 17, 2008 at 8:32 AM, Gemini846 (48.98) wrote:

Meh. FDIC sure no prob. The gov will just print more for you. I can't promise it will be worth anything time you get it, but who cares about money here in the United Soviet States of America right Comrade?

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#4) On July 17, 2008 at 10:26 AM, lquadland10 (< 20) wrote:

TMFSinchiruna Still feeling safe? Oh tm never never but you should see what the new banking fees and charges. http://caps.fool.com/Blogs/ViewPost.aspx?bpid=70481&t=01006952843786714939 Gemini846   
Humor: What keeps the Fed up at night.

July 11, 2008 – Comments (1) | RELATED TICKERS: AUY , MON , POT

This is what is keeping the central bank and others up at night. They hear the crash coming.  

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