Comments on: Wachovia – Wells Fargo – Citigroup – A Tangled Web http://www.therealestatebloggers.com/2008/10/06/wachovia-wells-fargo-citigroup-a-tangled-web/ Real Estate Blog, Mortgage, and Development News Fri, 20 Nov 2009 23:48:48 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: Frank Miller http://www.therealestatebloggers.com/2008/10/06/wachovia-wells-fargo-citigroup-a-tangled-web/comment-page-1/#comment-269610 Frank Miller Mon, 06 Oct 2008 15:17:34 +0000 http://www.therealestatebloggers.com/2008/10/06/wachovia-wells-fargo-citigroup-a-tangled-web/#comment-269610 It is a sign of the times. Now, our big banks are fighting each other in a break neck race to consolidate which is being done for business survival rather than business gain. Unfortunately, the bailout will not help them much. They are suffering and when they suffer, we all hurt. Individual investors should start looking for ways to protect their money. This basically comes down to either taking your money out of the market and cutting discretionary spending or diversifying and investing some overseas preferably in Asia or parts of Europe. I personally use offshore bank accounts and they have helped me with diversification and asset protection. If you want to read more on why offshore investing is smarter, feel free to visit my website. Best, Frank Miller http://www.theoffshorebankaccount.com It is a sign of the times. Now, our big banks are fighting each other in a break neck race to consolidate which is being done for business survival rather than business gain. Unfortunately, the bailout will not help them much. They are suffering and when they suffer, we all hurt. Individual investors should start looking for ways to protect their money. This basically comes down to either taking your money out of the market and cutting discretionary spending or diversifying and investing some overseas preferably in Asia or parts of Europe. I personally use offshore bank accounts and they have helped me with diversification and asset protection. If you want to read more on why offshore investing is smarter, feel free to visit my website.

Best,
Frank Miller
http://www.theoffshorebankaccount.com

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