Do you know where you money is?!

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Get in touch financially mga kabisyo! It’s time to start reading the financial news regularly para in touch kayo sa mga financial news sa US.

Marami akong mga kalokohang sinusulat. Sa totoo lang noh? Ano pa ba ang dapat kong ikabahala eh ala naman na meng anda. Eto nga, kahit Unemployment, di ko pa makuha sa kagaguhang ginawa nang ayuff na employer ko! Pero, ngayon lang ako talaga kinakabahan mga kabisyo. Dala to nang baklitang si FannIe Mae at ang drag queen na si Freddie Mac. And today, New York Times said that Analysts Say More Banks Will Fail. I can’t emphasize enough kung gano ka-importante ang dalwang to sa ekonomiya nang Estados Unidos and who knows, I could feel na merong direct effect and dalwang to worldwide at parang feel ko na ever na aabot ang earthquake na to sa Barrio Siete.

Kung nahuli man kayo sa balita mga kunichiwa, I want you to start by reading this primer na sinulat ko. Fannie Mae & Freddie Mac: A lesson on mortgage-backed securities. I want you to understand bakit importante yong nangyayari currently sa dalwang to.

But the truth of the matter mga kunichiwa, di mo na kelangang nang investment analysts and some high-flying forecasting models. Basahin mo na lang ang business sections nang online magazines and you will find out that home prices continues to decline sa US. Not only that, it’s very difficult at halos wala nang mag-pa-utang. Puro takot eh!

Last Friday, a large mortgage lender in California IndyMac, collapsed. they’re the 5th bank to fail this year mga kabisyo.

Now, in the US kagaya sa Pinas, your bank deposits are guaranteed by FDIC. Alam naten yan diba? Now, unless lumagpas sa $100k ang deposits mo, i think, then indi na covered yon.

The problem with this IndyMac Bank was that, indi ini-expect nang government regulators na babagsak sila. What does that mean? Meaning, were they expecting other banks kaya wala sa radar tong IndyMac?

Currently, ang reserves nang FDIC is about $53 billion US dollars para i-bail out ang babagsak na bangko. IndyMac is expected to eat about about $4 to $8 billion daw. Pero eto ang shocker. They are expecting na marami pang bangko ang babagsak dahil nga sa nangyari ki Fannie Mae and Freddie Mac. Ilan? Dozens daw.

Malaking question sa mga kababayan ko sa Amerika.

1.) Gano ngayon ka-safe ang mga salaping naitabi ninyo?
2.) Saang alkansya sila naka-imbak?
3.) Me kalabuan ba ang bangkong napag-imbakan mo nang yong mga salapi?
4.) Dapat na bang ilipat yan sa Banco De Reyna?

I can’t advice you on what to do with your investments mga kunichiwa or your money and whatever assets you have. Bawal magbigay nang financial advice ang lola. Indi ko kayo tinatakot. Pero for WORLD PEACE, these are the times that you better be in touch with financial news, magbasa, makinig para di mag-panic, para makapag-plano ka kung anong gagawin mo sa yong mga limpak limpak na salapi.

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4 Sweet Responses to “Do you know where you money is?!”

  1. nina (263 comments.) Says:

    grabe, malamang maging third world na talaga ang US. Lols…

    nina’s last blog post..31st Birthday Dinner at Sharq Village and Spa

    [reply this comment]

    reynz (4415 comments.) reply on July 15, 2008:

    hahaha sa former opis ko pa lang ateng! 3rd world na kamu ang mga ugali nang tao dun! hehehe!

    reynz’s last blog post..Do you know where you money is?!

  2. mocs (33 comments.) Says:

    ayan humatsing ang US, kaya may lagnat ang buong mundo!

    mocs’s last blog post..Philippines will weather the economic storm!

    [reply this comment]

    reynz (4415 comments.) reply on July 17, 2008:

    it’s gonna be interesting how this whole thing plays out! puro bad economic news and predictions dito! kairita! hahaha

    reynz’s last blog post..Reproductive Health Policy: Ba’t ba pinag-initan na naman?

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Do you know where you money is?!

Post Information for 'Do you know where you money is?!'
Posted on 15 July 2008
Written by reynz
4 Sweet Responses to this post

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