14 Mar
The crisis is going to be ended soon said economic experts in a country but not in United States because we have not yet seen the bottom of the crisis. We know it from the Dow Jones stock index which has been decreased more than 50 percents in a year. Hold up at 14,000 at the last quarter of 2008, now it is lay down at 6,000, really huge depreciation, that’s why we see lots of rich people lose their money right away. To increase the retail business activity, banks are indirectly forced to decrease their cd rates, so many people won’t enthusiast to put their money in saving or deposit account and use it for business. It is hard to find high interest from bank today because of that policy. Getting higher interest is good but better to get safe and guarantee. Do you still remember
about FDIC insurance up to hundred thousand dollars saving for every person? I suggest don’t pass over that limit to keep your money saved and guarantee by federal government. Saving money is good but it is better to use it to guarantee our future because we absolutely don’t know what will happen in the future. That’s why many people are interesting about medicare insurance, to get good anticipation. Check this out if you want the same protection.