Somehow banks passed stress test like 2 months ago. Now it turns that banks need lots of money from Fed to operate: https://www.google.com/url?sa=i&source=web&cd=&ved=2ahUKEwiRxrnZ54flAhURQq0KHWeQBO8QzPwBegQIARAB&url=https%3A%2F%2Fnews.yahoo.com%2Fny-fed-extend-operations-pump-money-markets-nov-181502121.html&psig=AOvVaw3nM5hUdPSC8qP7G940fLAW&ust=1570457359085147 Is your money safe ?
Is stocks safer than cash?
My question was, where to put money if banks crash? What if banks crashing cause cracks to places like vanguard? I do not feel money is safe anywhere
If banks crash they will just get bailed out. Government is never going to let deposit accounts go under - that’s the whole point of FDIC
Gold! But gold
Isn’t gold too hard to buy and keep?
Buy Gold ETF
It’s not capital injection, stress testing is mainly about capital
So then feds are idiots that didn’t predict this?
Predict what? Nothing is happening. Every recession is different. Nobody knows what will happen but one thing is clear it won’t be the same as last time. The next one will not be banking
Convert USD to more stable currencies 🤔🤔 not sure which one though 😂
Bitcoin?
Lol I don’t think so😂
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The end of Backdoor Roth?!
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What do you think is wrong with a kid who got rejected by 9 colleges?
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Closed now - thank you all
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Modi is a legend, will be remembered for centuries to come
Not until you learn how to post a link
👆🏻😅