Davelj – you are basing your post on past performance and, as a banker, you should know that past performance is not a guarantee of future performance – in case you haven’t noticed, we are living in unprecedented times – when I first posted that Fannie and Freddie would be nationalized very few people believed that either – if the Fed / Treasury prints enough money to make FDIC and SIPC good for all losses, what will the purchasing power of their guarantees be worth? – and, I don’t care whether anyone believes what I post or not – I find it fairly amusing that people have the opportunity to protect themselves financially but instead choose to enjoy their river front properties on the river denial
