To: Steve Van Doorn
“When they pull their money out it’s going to look like a run on the banks.”
how would they “pull their money out”? cash? deposit in another bank? buy stocks? buy bonds? commodities? stuff it under their mattress?
28 posted on
02/13/2020 10:08:43 AM PST by
catnipman
(Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
To: catnipman
Most put it into cash. Some put it in over seas investments. The tax laws always save us though they're required to put their money back in within three months which they wait that out to the end.
This cycle has been going on for years now. Some stocks are more affected then others. The one I'm watching is Netflix stocks in the past three year years. NFLX is going to be a big sell in the next couple weeks.
29 posted on
02/13/2020 11:04:43 AM PST by
Steve Van Doorn
(*in my best Eric Cartman voice* 'I love you, guys')
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