Monday, October 06, 2008

Asset Management 101

Been paying attention to the latest government bail-out?  Seen what's happened recently in the stock market?  The government raised FDIC coverage and for the first time, began insuring Money Market accounts, temporarily ... but how can you be certain your assets are safe and secure?

People are scared ... withdrawing their cash from banks and searching for a "safer" place to secure their assets.

But God said to him, 'You fool! This very night your life will be demanded from you. Then who will get what you have prepared for yourself?'
- Luke 12:20

Do not store up for yourselves treasures on earth, where moth and rust destroy, and where thieves break in and steal. But store up for yourselves treasures in heaven, where moth and rust do not destroy, and where thieves do not break in and steal.
- Matthew 6:19-20