Do Not Take Out Money

[SendTrash]

I keep on reading things and from people suggesting that now is a good time to take out your money from the bank and keep it at hand.. but I think this is a very bad bad idea.... please when the banks do open tommorrow, don't rush into a mad panic!!!

I was reading the Thread Here in which 24 7 News Net Wire has the quote, "when the US Stock Markets open you will see a massive flight to cash and gold." but this did come from something called SOLLOG

Anyone else hear about people taking out money tommorrow? I heard it from some people at work today and I was upset and worried

 

[pillage2001]

The money market will crash if everyone takes out money from the bank!

The world market now is heading down and there's nothing they can do. Japan had to pump 2 trillion yen into the stock market to slowdown the effect.

 

[BrunoPuntzJones]

agreed

 

[goodoptics]

I won't do it.

 

[Soybomb]

Only the truly panic stricken will do that, I think most people are smart enough to realize that the government and the FDIC will protect their money

 

[SendTrash]

Well, the price of gold is already rising... and the banks were closed today (right?).. with oil prices going to rise and gas prices here in california already increased, I suspect that tommorrow morning with undoubtfully be a cash run

 

[Doctorweir]

The stock market will plummet for sure...

In reaction to the attacks, the German stock exchange plummeted nearly 10%

The plummet was stopped by the evacuation necessary after a bomb threat... :|

 

[pillage2001]

Soybomb, go sleep.....

I don't think many would take money out of the bank. They have no reason to. The stock markets will dip but they'll recover.

 

[Blayze]

don't worry I am actually going to put some money into my bank tommorow from some stuff I sold online.

 

[trmiv]

This is good advice. If massive amounts of people rush to withdraw money, it could cause an even greater impact on the economy than this event will already have. I personally think it is important for us as a country to try to a do a lot of things as we have always done. If we let this attack completely change our way of life: make us forget school, stop work, not buy the things we want to buy, not enjoy our friends and familiy, be scared to leave our homes, we are effectively giving these terrorists what they want. They want to cripple us as a nation, and we cannot let that happen.

 

[Dolemite69]

^Bump it... We can easily pull through this people. Don't do it!

 

[Logix]

I don't have any reason to withdraw all my money... it's FDIC insured, like everyone else's.

 

[crabbyapple1]

Federal Reserve has said it will do what it can cuz they know ppl want to take out cash.....
Gold's going up now right? I just bought a bunch of 24K.

 

[ugh]

It's actually a normal behaviour for pple when things like this happen. But hopefully they will really think b4 they act this time around

 

[kmmatney]

Well, if stocks are going to go down further, then its a great time to buy. Its also a great time to invest more into a 401K plan, since you'll be able to buy more shares. The value will be way higher by retirement time. Buy low, sell high.

My money is staying in the bank.

 

[SendTrash]

<< If we let this attack completely change our way of life: make us forget school, stop work, not buy the things we want to buy, not enjoy our friends and familiy, be scared to leave our homes, we are effectively giving these terrorists what they want. They want to cripple us as a nation, and we cannot let that happen. >>

That is really true words.. I would like to use that as my sig. It is like the words that I heard from a senator I heard on the radio, and I really believe them

 

[Kenny0829]

Yes, Yes, EVERYONE PANIC, Take your money out of the Bank, and,, SEND IT TO ME...
I take Cash, Stocks, Gold, Whatever, Also PayPal. and Billpoint, even moneyorders, and checks...
LOL

 

[Pocatello]

I have no money to take out!

 

[perry]

I have about $10 in my pocket right now, and I'll probably still have about the much tomorrow evening. No intentions of pulling money out of the bank.

 

[LoneWolf1]

I knew I shoudn't have went to the bank today to make that deposit.

 

[SendTrash]

I heard it from the BBC, the US stock markets will be closed for a second day!

 

[Krueger81]

<< 2 trillion yen >>



what is that? About 200 USD j/k

 

[RossMAN]

xe.com Universal Currency Converter? Results
Live Rates as of 2001.09.12 07:12:56 GMT.
2,000,000,000,000.00 JPY
Japan Yen = 16,844,938,303.90 USD
United States Dollars
1 JPY = 0.00842247 USD 1 USD = 118.730 JPY

 

[AaronP]

morons, people are going to be putting money INTO the bank, not taking it out. That's the danger. They're gonna sell stocks and stick their money into savings accounts.