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  • Not vetted for CNN

    • Click to view bud100's profile
    Posted September 17, 2008 by
    bud100 |
    Location
    Virginia Beach, Virginia
    Assignment
    Assignment
    This iReport is part of an assignment:
    Wall Street crisis and you

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    DO NOT INVEST IN THE STOCK MARKET, GET YOUR MONEY OUT OF THE BANK

    By bud100  |  Posted September 17, 2008  |  Virginia Beach, Virginia
     

    I have not invested in the stock market, and I try not to keep too much money in the bank.  I am doing FAR better than those that have chosen to give their money to others.  This is not a time to trust others with your money.  I have made more money by NOT investing in the stock market over the last eight years than a vast majority have by investing in the stock market.   Lesson learned:  Stay out of the stock market.  Also, with the banks failing left and right, keep a minimum amount in the bank.  Not all accounts are FDIC insured.

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