Which is why all of my money market funds are now safely esconced in an off shore bank outside US jurisdiction.
Ping to the list, This is HUGE!
Yep! They will never get their hands on a single cent of mine.
How does one go about doing that? I am interested in finding out.
I must say, I’ve suspected this was coming. I moved my Dad to an assisted living facility about a year ago....right after my Mom died. He named me as executor of his rather sizeable estate. A very close friend is a financial analyst for Wells Fargo. Under a ‘veil of secrecy’ LOL, he suggested I liquidate all his assests, other than the property owned. For the record, this is not the advice he gave his clients. I am not a client, just a good friend. I took my friend seriously and converted everything to cash, and tangible gold and silver. It is all as safe and secure as I can make it for my Dad. The land, timber and oil and mineral leases in Texas will just be on hold for a while.
On the other hand, my husband and I are still rather heavily invested in mutual funds and some stocks. Mr. RR is handling those, but I’m trying to convince him to liquidate those as well.
Just really don’t know what to do.
One of those Icelandic banks? Or do you want to invest in the Caribbean with 'Sir' Stanford?
Thanks for the ping, I appreciate it. Although I am now quite confused.
Thanks for the ping, Candor7. Yes, this is HUGE!
Think I’ll forward this to our financial guy who will probably tell us not to sell anything...just sit tight and everything will work out. Yeah, right (eye roll).
On a more serious note see post # 138???