Tuesday, July 15, 2008 1:37 AM
CharmedAngel
Don't freak out financially
I heard about the bank failure on the news over the past few days - and yes even though it was predicted that many businesses and banks would fail, many pretended not to hear it. And anyone could get caught up in the muss and fuss and frak out over it the way the media is talking.....but DON'T!
A woman I heard on the news today said there were about 600 or so banks fail back in the 80's or 90's and that we never heard anything about it - now this year already she said there were about 300 failed and will be more (500 or so) by another year......and went on to say don't freak out and take all your monies out of the banks - I AGREE! IF you do that all will fall!
Ot's not time to put everything under the mattress just yet, they say - but it would be smart if you'd diverisfy your financial portfolio so that not everything you own is with one bank/company.
And remember - things are going to get even hotter from now until Mars and Saturn do their little dance in August so hold in there.
Just a thought-
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Spiritual Development