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To: Citizen Zed

Got news for ya, I think if 5% of Americans tried to move to a cash position, the banks and brokerage houses would slam their doors shut quicker than you can spit!


23 posted on 08/27/2014 9:45:16 AM PDT by djf (OK. Well, now, lemme try to make this clear: If you LIKE your lasagna, you can KEEP your lasagna!)
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To: djf; All
Got news for ya, I think if 5% of Americans tried to move to a cash position, the banks and brokerage houses would slam their doors shut quicker than you can spit!

Help! The average Joe like myself needs clarity, in order to save whatever might be saved! What does the above mean for me and what can I do to prevent/ameliorate it? I have a modest retirement account invested with Ameriprise in a (what I thought was) relatively safe mutual fund. What should I do? Seriously
36 posted on 08/27/2014 12:16:42 PM PDT by notdownwidems (Shellback pollywogs! U.S.S. William H. Standley, CG-32 1977-80)
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