Mon 15 Dec 2008
Oh Crap! My Broker Called Again
Posted by RichSlick under Financial Safety
No Comments
It seems every time I get a call from a broker asking me to consider dropping some of my money with their brokerage, the market drops about twenty percent so this can’t be good.
I’m getting concerned that this particular brokerage might be on their last death throws too but what can anyone do right now?
Tax loss harvesting? Year end rollovers? Year end rebalancing? Big 3 bailout failure? More Madoff madness? What will be the trigger for the next twenty percent down?