WaMu takeover leaves investors jittery
JPMorgan Chase's takeover of most of Washington Mutual , the collapsed lender that became the US's biggest bank failure on Thursday, failed to soothe the market's nerves on Friday as investors worried about ...
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#1 Sep 26, 2008
This is unfortunate, but it should serve as a wake up call to all American investors. If you want to protect your money, you need to diversify and invest at least some of it overseas. These are hard times for American investing firms. I personally use offshore bank accounts and they have helped me with diversification and asset protection. If you want to read more on why offshore investing is smarter, feel free to visit my website.
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